Indian Hotels Company Limited | |
Public | |
Traded as | BSE: 500850 NSE: INDHOTEL |
ISIN | INE053A01029 |
Industry | Hospitality |
Founded | 1903 |
Founder | Jamsetji Tata |
Headquarters | Express Towers, Nariman Point, Mumbai, Maharashtra , India |
Number of locations | 100 Hotels |
Key people | |
Products | Hotels and Resorts |
Revenue | ₹4,065 crore (US$570 million) [1] (2017) |
₹-63 crore (US$−8.8 million) [1] (2017) | |
Number of employees | 25,000 (2017) |
Parent | Tata Group |
Website | www |
Taj Hotels is a chain of luxury hotels and a subsidiary of the Indian Hotels Company Limited [2] - headquartered at Express Towers, Nariman Point in Mumbai. [3] Incorporated by the founder of the Tata Group, Jamsetji Tata, in 1903, [4] [5] the company is a part of the Tata Group, one of India's largest business conglomerates. The company employed over 13,000 people in the year 2010. [6] [7]
The Indian Hotels Company Limited (IHCL) is an Indian hospitality company that manages a portfolio of hotels, resorts, jungle safaris, palaces, spas and in-flight catering services. It is a subsidiary of the Tata Group conglomerate.
Mumbai is the capital city of the Indian state of Maharashtra. It is the most populous city in India with an estimated city proper population of 12.4 million as of 2011. Along with the neighbouring regions of the Mumbai Metropolitan Region, it is the second most populous metropolitan area in India, with a population of 21.3 million as of 2016. Mumbai lies on the Konkan coast on the west coast of India and has a deep natural harbour. In 2008, Mumbai was named an alpha world city. It is also the wealthiest city in India, and has the highest number of millionaires and billionaires among all cities in India. Mumbai is home to three UNESCO World Heritage Sites: the Elephanta Caves, Chhatrapati Shivaji Maharaj Terminus, and the city's distinctive ensemble of Victorian and Art Deco buildings.
Tata Group is an Indian multinational conglomerate holding company headquartered in Mumbai, Maharashtra, India. Founded in 1868 by Jamsetji Tata, the company gained international recognition after purchasing several global companies. One of India's largest conglomerates, Tata Group is owned by Tata Sons.
As of 2018, the company operates a total of 100 hotels and hotel-resorts, with 84 across India and 16 in other countries, including Bhutan, Malaysia, Maldives, Nepal, South Africa, Sri Lanka, UAE, UK, USA and Zambia [5]
Jamsetji Nusserwanji Tata, founder of the Tata Group, opened the Taj Mahal Palace, a hotel in Mumbai (formerly called Bombay) overlooking the Arabian Sea, on 16 December 1903. It was the first Taj property and the first Taj hotel. There are several anecdotal stories about why Tata opened the Taj hotel. According to a story, he decided to open the hotel after an incident involving racial discrimination at the Watson's Hotel in Mumbai, where he was refused entry as the hotel permitted only Europeans. [8] Hotels that accepted only European guests were very common across British India then. According to another story he opened the hotel when one of his friends expressed disgust over the hotels that were present in Bombay then. But a more plausible reason was advanced by Lovat Fraser, a close friend of the Tata and one of the early directors of the IHCL group, that the idea had long been in his mind and that he had made a study on the subject. He did not have any desire to own a hotel but he wanted to attract people to India and to improve Bombay. It is said that Jamsetji Tata had travelled to places like London, Paris, Berlin and Düsseldorf to arrange for materials and pieces of art, furniture and interior artefacts for his hotel. [9] The Taj group has since then developed and flourished, under the Tata Group.
Jamsetji Nusserwanji Tata was an Indian pioneer industrialist, who founded the Tata Group, India's biggest conglomerate company. He was born to a Parsi Zoroastrian family in Navsari, then part of the princely state of Baroda.
The Arabian Sea is a region of the northern Indian Ocean bounded on the north by Pakistan and Iran, on the west by the Gulf of Aden, Guardafui Channel and the Arabian Peninsula, on the southeast by the Laccadive Sea, on the southwest by the Somali Sea, and on the east by India. Its total area is 3,862,000 km2 (1,491,000 sq mi) and its maximum depth is 4,652 metres (15,262 ft). The Gulf of Aden in the west, connects the Arabian Sea to the Red Sea through the strait of Bab-el-Mandeb, and the Gulf of Oman is in the northwest, connecting it to the Persian Gulf.
Watson's Hotel, now known as the Esplanade Mansion, is India's oldest surviving cast iron building. It is located in the Kala Ghoda area of Mumbai (Bombay). Named after its original owner, John Watson, the building was fabricated in England and constructed on site between 1860 and 1863.
In 1974, the group opened India's first international five star deluxe beach resort, the Fort Aguada Beach Resort in Goa. In 1970s, the Taj Group also began its business in metropolitan hotels, opening the five-star deluxe hotel, Taj Coromandel in Chennai, in 1974, acquiring an equity interest and operating contract for the Taj President (now Vivanta by Taj - President), a business hotel in Mumbai, in 1977, and also opening the Taj Mahal Hotel in Delhi in 1978.
Taj Coromandel is a five-star luxury hotel located in Chennai, India. Named after the Coromandel Coast, the HACCP- and ISO 14001-certified hotel was opened in 1974. Owned by Oriental Hotels Limited, an associate of the Taj Group of Hotels, it is classified under the group's luxury hotels section.
The group has been converting royal palaces in India into luxury hotels since the 1970s. The first palace to be converted into a Taj luxury hotel was the Lake Palace in Udaipur, in 1971. Other examples include the Rambagh Palace in Jaipur, Umaid Bhawan Palace in Jodhpur, Falaknuma Palace in Hyderabad and Nadesar Palace in Varanasi.
Taj Lake Palace is a hotel, which has 83 rooms and suites featuring white marble walls. The Lake Palace is located on the island of Jag Niwas in Lake Pichola, Udaipur, India, and its natural foundation spans 4 acres (16,000 m2). The hotel operates a speed boat which transports guests to the hotel from a jetty at the City Palace.
Udaipur, also known as the "City of Lakes", is a city governed by Municipal Corporation which comes under Udaipur Metropolitan Region. It is the historic capital of the kingdom of Mewar in the former Rajputana Agency. It was founded in 1558 by Maharana Udai Singh II of the Sisodia clan of Rajput, when he shifted his capital from the city of Chittorgarh to Udaipur after Chittorgarh was besieged by Akbar. It remained as the capital city till 1818 when it became a British princely state, and thereafter the Mewar province became a part of Rajasthan when India gained independence in 1947.
The Rambagh Palace in Jaipur, Rajasthan is the former residence of the Maharaja of Jaipur and now a hotel, located 5 miles (8.0 km) outside the walls of the city of Jaipur on Bhawani Singh Road.
In 1980, the Taj group opened its first hotel outside India, the Taj Sheba Hotel in Sana'a, in Yemen and in the late 1980s, acquired interests in the St. James' Court Hotel (now comprising Taj 51 Buckingham Gate Suites and Residences and St. James' Court, A Taj Hotel) in London. In 1984, the Taj group acquired, under a license agreement, each of the Taj West End in Bangalore, Taj Connemara (now Vivanta by Taj - Connemara) in Chennai and Savoy Hotel in Ooty. With the opening of the Taj West End in Bangalore, the Taj Group made its foray into Bangalore. The five star deluxe hotel, Taj Bengal in Kolkata, was opened in the year 1989, and with this the Taj group became the only hotel chain in India with a presence in the six major metropolitan cities of India, namely Mumbai, Delhi, Kolkata, Bangalore, Hyderabad and Chennai.
Yemen , officially known as the Republic of Yemen, is a country at the southern end of the Arabian Peninsula in Western Asia. Yemen is the second-largest Arab sovereign state in the peninsula, occupying 527,970 square kilometres. The coastline stretches for about 2,000 kilometres. It is bordered by Saudi Arabia to the north, the Red Sea to the west, the Gulf of Aden and Guardafui Channel to the south, and the Arabian Sea and Oman to the east. Yemen's territory includes more than 200 islands.
Taj Connemara, Chennai is a five-star hotel in Chennai, India. It is a heritage hotel in Chennai. Classified under the Taj Group's business hotels section, the hotel is considered the oldest hotel in the city.
Concurrently with the expansion of its luxury hotel chain in the major metropolitan cities, the Taj Group also expanded its business hotels division in the major metropolitan and large secondary cities in India. During the 1990s, the Taj Group continued to expand its geographic and market coverage in India. It developed specialized operations (such as wildlife lodges) and consolidated its position in established markets through the upgrading of existing properties and development of new properties. Taj also set up the Taj Kerala Hotels and Resorts Limited in the early 1990s along with the Kerala Tourism Development Corporation. [10]
Ten hotels of the Taj group are members of the Leading Hotels of the World. [11]
Two hotels of the Taj group, namely Rambagh Palace in Jaipur and the Taj Mahal Palace & Tower in Mumbai, were ranked in 2013 by Condé Nast Traveler among its "Top 100 Hotels and Resorts in the World". [12] In late 2013, the Indian Traveller magazine ranked Taj Lake Palace in Udaipur and Taj Exotica Resort & Spa in Maldives as numbers 34 and 98, respectively, on its list of "100 Best Hotels & Resorts". [13] Condé Nast Traveler also ranked the Taj Mahal Palace in Mumbai as number 13 on its list of "Gold Standard Hotels" in 2014. [14] In 2005, a famous luxury hotel in New York city, The Pierre was acquired.
The Taj Mahal Palace Hotel, is a heritage, five-star, luxury hotel built in the Saracenic Revival style in the Colaba region of Mumbai, Maharashtra, India, situated next to the Gateway of India. Historically it was known as the "Taj Mahal Hotel" or the "Taj Palace Hotel" or simply "the Taj".
Sir Dorabji Tata was an Indian businessman, and a key figure in the history and development of the Tata Group. He was knighted in 1910 for his contributions to industry in British India.
Ginger An IHCL Brand and is a part of the Tata Group. The first hotel was opened in Whitefield, Bangalore in June 2004. Roots Corporation Limited is a subsidiary of The Indian Hotels Company Limited (IHCL). IHCL, part of the Tata Group is India’s largest hotel chain with more than 70 properties in India and abroad and over 100 years' presence in India’s hospitality sector.
The Leela Palaces, Hotels and Resorts, commonly known as The Leela, is an Indian luxury hotel chain, founded in 1986 by C. P. Krishnan Nair, and owned by The Leela Group. Currently, The Leela is a group of nine luxury palaces and hotels.
ITC Hotels is India's second largest hotel chain with over 100 hotels. It is based in the Hotels Division Headquarters at the ITC Green Centre in Gurgaon, Haryana. It is part of the ITC Limited group of companies. ITC Hotels is regularly voted amongst the best employers in Asia in the hospitality sector.
The Oberoi Group is a hotel group with its head office in Delhi. Founded in 1934, the company owns and/or operates 35 luxury hotels and two river cruise ships in six countries, primarily under its Oberoi Hotels & Resorts and Trident Hotels brands.
Vivanta by Taj—Fisherman's Cove, commonly called Fisherman's Cove, is a luxury beach resort near the coast of the Bay of Bengal in Chennai, India. Categorized as a 5-star deluxe resort by Ministry of Tourism, Government of India, it is a part of the chain of Taj Hotels, Resorts and Palaces and is classified under the group's leisure/resort hotels section. Owner by the Covelong Beach Hotels Limited, an associate of the Taj Group, the hotel is built on the ramparts of a ruined 18th-century Dutch castle.
Taj Club House is the fourth hotel of the Taj Group of Hotels in Chennai, India. Formerly known as the Taj Mount Road, it is a five-star luxury hotel located on Clubhouse Road, off Anna Salai, across the Taj Connemara Hotel, another property of the Taj Group. Owned by Taj GVK Hotels & Resorts Limited, an associate of the Taj Group, and built at a cost of ₹ 1,600 million, it was opened in December 2008. The hotel was designed by Thom Catallo of Mackenzie Designphase Hospitality.
Ramanujan IT City is an information technology (IT) special economic zone (SEZ) situated in Chennai, India. Named after the Indian Mathematician Srinivas Ramanujan, it is a joint venture of Tata Realty and Infrastructure Limited (TRIL), Indian Hotels Company Limited (IHCL) and Tamil Nadu Industrial Development Corporation (TIDCO). Situated next to the Tidel Park, it is being developed in a land measuring 25 acres with two zones with a total built-up area of 5.7 million sq ft. including 4.5 million sq ft of office space.
Vivanta is an Indian hotel chain established in September 2010. The brand is a part of the Indian Hotels Company Limited, a subsidiary of the TATA Group.
Nadir Burjorji Godrej is an Indian industrialist and member of the Godrej family. He currently serves as managing director of Godrej Industries, one of India's biggest businesses, and as chairman of Godrej Agrovet.
Rayaroth Kuttambally Krishna Kumar is an Indian business executive and a former director of Tata Sons. He is a member of Tata Administrative Service and continues to serve as a trustee of Sir Dorabji Tata Trust and Sir Ratan Tata Trust, which hold 66 percent stake in Tata Sons. His contributions are known behind several acquisitions of Tata Group, including the GB£ 271 million buy-out of Tetley in 2000, which made Tata Global Beverages the second largest tea company in the world. The Government of India awarded him the fourth highest civilian honour of the Padma Shri, in 2009, for his contributions to Indian Trade and industry.
Tata Textile Mills was textile mills business of Tata group with head office at Bombay. It consisted of four textile mills; namely, Central India Mills also popularly known as Empress Mills at Nagpur, the Svadeshi Mills at Bombay, the Tata Mills at Bombay and the Advance Mills at Ahmedabad. The four mills that, for several decades, produced and sold fabrics under the much reputed brand name of Tata Textiles.
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