India, July 15 -- Indian Hotels Company (IHCL), India's largest hospitality company, unveils an organisation redesign guided by its five-year strategic roadmap - Accelerate 2030. Under the plan, IHCL with an expanded brandscape will take its portfolio to 700 hotels, double its Consolidated revenue to INR 15,000 crores and deliver a ROCE of 20%, while maintaining its renowned service excellence.
Strategic Goals
- Portfolio expansion to 700 hotels (currently 645).
- Doubling consolidated revenue to INR 15,000 crores.
- Achieving 20% ROCE while sustaining service excellence.
Two Business Verticals
- Traditional Businesses: Taj, Claridges Collection, Atmantan, Brij, SeleQtions, Clarks, Gateway, Vivanta.
- Growth Businesses: Ginger (reimagined), Tree of Life, Qmin, ama Stays & Trails.
Leadership Changes
- Gaurav Pokhariyal -> Chief Operating Officer, Traditional Businesses.
- Brings 30+ years of hospitality experience.
- Known for driving IHCL's ESG+ framework Paathya.
- Prabhat Verma -> Chief People Officer.
- 30+ years at IHCL, led diverse brands and ancillary businesses.
- Recognised for strengthening IHCL's presence in.....
Published by HT Digital Content Services with permission from Travel Media.