(L to R: Ms. Suma Venkatesh, Executive Vice-President, IHCL and Mr. Jitendra Phulwani, Director, Phulwani Real Estate India Pvt Ltd.)
TTT NEWS NETWORK
MUMBAI, 5 MARCH 2024:
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a new Vivanta hotel in Madhya Pradesh’s ancient pilgrim city of Ujjain. The hotel is a Greenfield project.
Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “This signing is in line with IHCL’s strategy of progressively establishing its presence at significant pilgrimage destinations across India. Ujjain, located along the Kshipra River, is known for its religious fairs and ancient temples. A short drive from Indore’s city centre, this will be our first hotel in the city. We are happy to associate with Phulwani Real Estate India Private Limited for this hotel.”
The 130-keys hotel is strategically located at a comfortable driving distance from Indore airport and is close to the renowned ‘Mahakal Corridor’. The hotel will feature an all-day diner, a swimming pool and a fitness centre. It will also offer a sophisticated banqueting space along with meeting rooms, perfect for both corporate gatherings and social events.
Mr. Jitendra Phulwani, Director, Phulwani Real Estate India Private Limited said, “We are delighted to collaborate with IHCL, India’s leading hospitality company. This hotel will provide guests with the distinctive experience of the spirited Vivanta brand in Ujjain.”
Ujjain is a prominent Hindu pilgrimage centre, known for the centuries-old Mahakaleshwar Temple, as well as hosting the famous Kumbh Mela every twelve years, where millions of devotees come to visit.
With the addition of this hotel, IHCL will have 12 hotels across Taj, SeleQtions, Vivanta and Ginger brands in Madhya Pradesh including 4 under development.
About Phulwani Real Estate India Private Limited
Phulwani Real Estate India Private Limited is promoted by Jitendra Phulwani, Mr. Manoj Phulwani, Mr. Bhushan Phulwani and Mrs. Rani Phulwani. Mr. Jitendra Phulwani and Mr. Bhushan are in the business of perfumes in UAE. Mr. Manoj has a hardware business in Ujjain. Mrs. Rani Dhanani, their sister manages Accounts and Finance of the company and is also based in Ujjain.
About The Indian Hotels Company Limited:
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as India’s Strongest Brand 2023 as per Brand Finance; SeleQtions, a named collection of hotels; Vivanta, sophisticated upscale hotels; and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 300+ hotels including 88 under development globally across 4 continents, 13 countries and in over 100 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
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