Taj Group enters Dubai with 296-room luxury hotel.
Three disappointing experiences with Tata companies made me question whether the group's historic values of customer focus and accountability are slowly fading, notes Dr N Ravichandran.
Protests on multiple fronts disrupted the atmosphere outside the FIFA Congress in Vancouver on Thursday, as demonstrators raised sharply different concerns over global politics and local issues.
The Indian Hotels Company, the Tata Group firm which runs the Taj Group of Hotels in the country, is set to expand its offerings by getting into serviced apartments business and by widening the portfolio of its wildlife resorts.
Taj Group of Hotels will invest about Rs 1,000 crore (Rs 10 billion) for building four hotels in Bangalore.
Indian Hotels Company Ltd (IHCL) net profit rose 15 per cent in the second quarter after excluding the one-off exceptional gain of Rs 307 crore in the previous year. Net profit fell 45 per cent when compared with the previous year's earnings after including a one-off gain.
'While the concept was introduced globally over four decades ago, branded residences have taken off now in India.'
The Tata Group company owns and runs six brands of hotels in the luxury, premium, mid-market and value segments.
Amid speculation in political circles over Shiv Sena's stand vis-a-vis the next mayor of Mumbai, party leader and minister Uday Samant said the civic body polls were contested as the Mahayuti alliance.
Taj Business Hotels is planning to increase the number of its hotels in the coming years and also proposed to invest Rs 50 crore (Rs 500 million) to refurbish some restaurants and bars in its hotels during 2005-06, TBH chief operating officer Jyoti N
According to multiple sources close to the development, Mercedes-Benz is already in talks with multiple developers in Gurugram for a luxury branded residence project.
Tata group company the Taj Group of Hotels on Tuesday said it expects room tariffs to go up marginally from September as occupancy level increases in the hospitality industry after suffering slump in the past two years.
Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.
Lawyer Ujjwal Nikam says that while justice has been delivered to some victims of the 26/11 Mumbai terror attacks, their conspirators are still hiding in Pakistan. He criticizes Pakistan's handling of the trials of those arrested and calls for action against masterminds like Hafiz Saeed and Zakiur Rehman Lakhvi.
4.5 million weddings are expected across India.
Their projects are known for Italian-inspired creative façades with intricate urban elegance.
With South East Asia becoming a hub for tourists both from India and the west, the Taj Group of hotels on Friday said it will manage an exotic island resort in Malaysia to set up its presence in one of the region's key destinations.
Maharashtra Chief Minister Devendra Fadnavis on Wednesday paid floral tributes at the city police headquarters to those who made the ultimate sacrifice while fighting terrorists during the 2008 Mumbai terror attacks.
Development authority said to have passed Taj's file to Delhi lieutenant governor for approval.
The lease extension for the property expires in October.
In a bid to grab the larger market share in the hospitality industry and strengthen its brand, Tatas-owned Taj Group of hotels has launched a major upgradation programme of its business hotels both in India and overseas.
Rooms at this Kolkata hotel are priced between Rs 7,000-8,000 per night. Gateway is a full-service upscale hospitality brand under the Taj Group of Hotels.
Financial services giant HDFC Bank, carrying a brand value of $44.9 billion, has surged past IT consulting behemoth Tata Consultancy Services (TCS) to reclaim its crown as the country's most valued brand, according to the 2025 Kantar BrandZ Most Valuable Indian Brands report.
The company divests from properties abroad to focus on its key markets.
Tata group's hospitality firm Indian Hotels Company Ltd (IHCL) on Friday said its 'Taj' brand has been rated as the strongest hotel brand in the world. According to the 'Hotels 50 2021' report by Brand Finance, Taj topped the strongest brands list for having stood resilient in spite of the challenges posed by the pandemic, besides other achievements.
The Indian stock market in the October-November period sees high trading activity due to increased consumer spending, festive demand, upbeat sentiment, renewed investor confidence, and the auspicious Muhurat trading session. This impacts many stocks and sectors in the festive season.
Indian Hotels reported strong consolidated revenue growth of 29 per cent year-on-year (Y-o-Y) in the third quarter of the current financial year (Q3FY25), led by revenue per available room, or RevPAR, growth of 15 per cent. The average room rate, or ARR, was up 13 per cent and occupancy improved 120 basis points (bps) Y-o-Y on a standalone business. Like-for-like revenue growth was 15 per cent Y-o-Y, while TajSats (airline catering) grew by 18 per cent Y-o-Y.
After a quiet April-June quarter in 2024-25 (FY25), the operational and financial performance of India's largest listed hotel company, Indian Hotels Company, clearly rebounded in the July-September quarter (Q2) of FY25. With double-digit growth in the average room rate (ARR) and higher occupancy, the Taj Hotels chain owner reported a 16 per cent revenue increase and a 30 per cent rise in operating profit.
Marriott now has 30 brands globally with over 5,700 properties in over 110 countries
The 112-year old hotel chain has readied a three-pronged turnaround plan
Publicly available data concerning the North American properties of both the hotel chains showed that Orient's average room rates were "meaningfully" below those of Taj's properties. Also, as per the latest financial statements, the trailing 12 month EBITDA margin of Indian Hotels was around 15 per cent higher than that of Oriental, Tatas said.
With the rise of wellness tourism and experiential travel, specialised jobs are being created in spa management, event planning and local experience curation, besides social media management.
'All commercial and banking transactions happen in South Mumbai.'
Ginger Hotels are the Tata Group's chain of budget hotels.
"Twelve years after India's worst terror attack on Mumbai, two Taj hotels -- Colaba and Bandra have received a terror threat from Karachi. "I have had detailed discussions on beefing up security arrangements with both Maharashtra DGP and Mumbai Commissioner of Police," Deshmukh said.
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