‘All our new businesses will have CAGR of 25%, EBITDA margin of 35%’

IN an interaction with Benn Kochuveedan of TNIE, Indian Hotels Company (IHCL) chief executive Puneet Chhatwal, tells it will open 60 new hotels in FY27, adding nearly 6,000 keys under various brands, including homestays.

- Benn Kochuveedan

During FY26, IHCL, which owns Taj Hotels, added three new brands, taking the total to 14 and signed a record 250 hotels, expanding the portfolio to 630 hotels, with an industry-leading pipeline of 255 hotels. Edited excerpts:

What’s your outlook for the current fiscal as the industry is hit by the Gulf war?

Under our strategy for 2030 outlined eight years ago, we’ve been doing very well. There is growth on all fronts. There is growth of talent, which means growth of our people. There is growth in our revenue and profit, and moreover there is growth in our margins. And of course, there is growth in the way we cover the market. We cover India across 250 plus locations.