Eleven of those are scheduled for this year. There are 30 planned for next year and 35 the year after, Managing Director Puneet Chhatwal said in an interview on Bloomberg TV.Indian Hotels will open the 1952-built Hessischer Hof in Frankfurt in the next 10 months marking its foray into continent Europe. While the hospitality chain, backed by the Tata Group, is evaluating opportunities in western countries and Southeast Asia, Chhatwal said the 'focus remains on the Indian subcontinent'. It'll only 'selectively' grow its flagship Taj brand in key international markets. Demand for its luxury hotels has shot up as affluent Indians with high disposable incomes splurge on experiences and leisure, even as the middle class cuts back.The company is also relying on Indian weddings—nearly 5 million of which are expected in November and December this year—to boost demand for its luxury hotels. Chhatwal said 25 per cent of Taj's revenue is driven by weddings. Indian Hotels shares have jumped 66 per cent in 2024 so far, compared to an almost 10 per cent rise in the benchmark S&amp;P BSE Sensex.

Taj parent to add 120 properties to cash in on travel boom

1599,118,377,176,2020,3101

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.