IHCL targets 50+ hotel openings, 32,000-key pipeline by FY31 as domestic RevPAR premium jumps 73%
Indian Hotels CEO Puneet Chhatwal guides for 12-14% topline growth with 100 bps upside, powered by a 73% domestic RevPAR premium jump and 20%+ management fee growth toward an INR 1,000 cr fee business. Dubai drags on Middle East crisis, but pipeline scales to 32,000 keys and 100 Taj hotels globally with 50 more in build.
IHCL CEO Chhatwal says domestic hotel demand stays strong with 73% RevPAR premium jump, on track for 12-14% topline growth, while Dubai operations face year-long recovery from Middle East crisis. Targeting 50+ openings, 32,000-key pipeline by 2030-31.