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Is IHCL plan to double the number of hotels & revenue in next 5 years a conservative target? Puneet Chhatwal explains the math
Indian Hotels Company Ltd (IHCL) plans to double its revenue to Rs 15,000 crore over the next five years. The company will expand its portfolio to over 700 hotels. IHCL aims to achieve this growth through a combination of traditional businesses and new ventures. The company's strategy focuses on capital-light growth, with a significant portion coming from management fees.
