FilingReader Intelligence

IHCL expands to 550+ hotels through strategic acquisitions

August 12, 2025 at 07:29 AM UTCBy FilingReader AI

IHCL acquired controlling stakes in ANK Hotels and Pride Hospitality, plus a distribution agreement with Brij Hospitality. The expansion increases IHCL's portfolio to over 550 hotels and approximately 55,000 rooms.

The move doubles IHCL's mid-scale presence to over 240 hotels. The acquired 135 hotels will predominantly be integrated under the Ginger brand.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:INDHOTELBombay Stock Exchange

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