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Acquisition of Clarks takes IHCL's portfolio to 550 properties, 55k rooms

The New Indian Express Shivamogga

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August 13, 2025

INDIAN Hotels Company Limited (IHCL) expects a significant boost for its midscale brand - Ginger Hotels - following the acquisition of controlling stake in ANK Hotels and Pride Hospitality which runs Clarks Hotels & Resorts.

- Arshad Khan @ New Delhi

The Tata Group company, which also operates Taj brand of hotels, announced that its combined portfolio has surpassed 550 properties with 55,000 rooms. IHCL inked a distribution agreement with Brij Hospitality. This acquisition is being touted as one of the largest in India's hospitality industry in terms of capacity addition.

PLUS D'HISTOIRES DE The New Indian Express Shivamogga

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BJP scores surprise win in 1 seat, NC bags 3 in RS polls

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Ease of travel: Civil aviation ministry firms up winter schedule of all airlines

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Gold rally lifts forex reserves by $4.5 billion

THE record rally in gold prices, which scaled past $4,300/ounce mark in the reporting week, have lifted the overall forex reserves by $4.5 billion to near the record level it had scaled in September when it was near $705 billion.

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DON'T CRITICISE CITIZENS DEMANDING BETTER INFRA

HE acrimonious exchange between Karnataka’s top political and corporate leaders over Bengaluru’s failing infrastructure has only served to highlight the reality that has become the city’s identity—cratered roads, traffic bottlenecks, and garbage piles.

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Senapati decked up to greet & honour Muivah

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Jaishankar snubs UN over Pak terror, says ‘all not well

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Madrasa probe for demanding 'virginity test' for 13-yr-old in Moradabad

'Threatened to expel her if she refused to comply'

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Yeast can survive Martian environment: IISc

YEAST, an indispensable ingredient in making bread, beer, and biotech products, has the resilience to withstand harsh conditions found in the Martian environment, a new study by researchers from the Department of Biochemistry, Indian Institute of Science (IISc), and collaborators at the Physical Research Laboratory (PRL), Ahmedabad, have found.

time to read

2 mins

October 25, 2025

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