(L to R – Ms. Suma Venkatesh of IHCL and Amol Kapadia of Polson Ltd)
TTT NEWS NETWORK
MUMBAI, 19 DECEMBER 2023:
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a hotel in Bandra, Mumbai. The Brownfield project will be branded an IHCL- SeleQtions hotel.
Commenting on the signing, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL said, “This signing is in line with IHCL’s vision of expanding its presence in important micro markets in major cosmopolitan cities. “Queen of Suburbs” Bandra, home to celebrities, is also famous for its shopping, restaurants, nightlife, and heritage sites. It is adjacent to the leading commercial hub of Bandra Kurla Complex. This will be the second IHCL- SeleQtions branded hotel in Mumbai. We are delighted to partner with Polson Ltd for this hotel.’’
The 43-room hotel with an all-day diner, is strategically located on Turner Road, one of Bandra’s most upscale neighbourhoods. Spread over the third to the fourteenth floor, it is part of a mixed-use development with high-end retail and restaurants.
Amol Kapadia, Managing Director, Polson Ltd. said, “We are excited to partner with IHCL, India’s leading hospitality company for our first property. IHCL – SeleQtions is the right brand for this hotel with its defining location.”
Mumbai, the capital of the state of Maharashtra is also the financial and entertainment capital of India.
With the addition of this, IHCL has 33 hotels across Taj, SeleQtions, Vivanta and Ginger brands in Maharashtra including 11 under development.
About Polson Ltd:
Polson Ltd is a leading supplier of natural tannin material and eco-friendly leather chemicals to the international leather industry. The company has a diversified product range being manufactured over three facilities sin Maharashtra. It is Asia’s largest manufacturer and exporter of natural based vegetable tannin extracts and eco-friendly leather chemical
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 280 hotels including 84 under development globally across 4 continents, 11 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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