IHCL ANNOUNCES THE SIGNING OF A TAJ HOTEL IN KANPUR

Mr. Puneet Chhatwal, MD & CEO, IHCL with Mr. Maneesh Mansingka, Director, JK Urbanscapes Developers Limited

MUMBAI, JUNE 25, 2024: Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a Taj branded hotel in Kanpur, Uttar Pradesh. The hotel is a greenfield project.

Speaking on the occasion, Mr. Puneet Chhatwal, Managing Director & Chief Executive Officer, IHCL, said, “Kanpur's recent inclusion among India’s smart cities, coupled with significant infrastructural advancements, is providing a fillip to the city’s hospitality landscape. This signing signifies our strategic focus on expanding our portfolio in emerging markets with strong growth potential. We are delighted to partner with JK Urbanscapes for this venture.”

The 150-key hotel is strategically located in heart of the city. It will feature an all-day dining, a bar, two specialty restaurants, and J Wellness Circle spa. Additionally, the hotel will boast over 10,000 sq. ft. of banqueting space, providing versatile event spaces.

Mr. Abhishek Singhania, Chairman, JK Urbanscapes Developers Limited said, “We are excited to partner with IHCL to bring the iconic Taj brand to Kanpur. The hotel will serve as a symbol of the city’s transformation reflective of its growing commercial significance in the state.”

With the addition of this hotel, IHCL will have 26 hotels Uttar Pradesh under including 13 under development.

About the owner

JK Urbanscapes Developers Limited is part of the larger JK Singhania family business with a legacy that spans over 125 years. The JK organization has business interests in manufacturing, real estate, senior living, defence, chemicals, healthcare, education, retail, software and IT services. J.K. Urbanscapes Developers Limited, formerly known as JK Cotton Ltd., was incorporated as a private entity in October 1924.

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 World's Strongest Hotel Brand 2024 and 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 322 hotels including 100 under development globally across 4 continents, 13 countries and in over 130 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.

Please visit: www.ihcltata.com; www.tajhotels.com; www.seleqtionshotels.com; www.vivantahotels.com; www.gingerhotels.com

For more information, please contact: malihah.faizi@ihcltata.com