IHCL reaches 628 hotels with 255 pipeline properties and 250 signings in FY2026 expansion push

The Indian Hotels Company Limited (IHCL) has expanded its portfolio to 628 hotels, comprising 373 operational properties and a pipeline of 255 hotels, following 250 signings and more than 30 openings during FY2026, marking a significant scale-up in its development and acquisition strategy.

The company’s growth was driven by a combination of organic expansion and acquisitions, with additions across luxury, midscale and experiential segments. The latest figures position IHCL among the largest hospitality operators in India by portfolio size and development pipeline.

Portfolio reaches 628 hotels with 255 in pipeline

IHCL’s total portfolio now includes 373 operational hotels, supported by a development pipeline of 255 properties. The company added more than 100 operating hotels through acquisitions during the fiscal year, contributing to its overall inventory growth.

The expansion reflects a multi-pronged approach combining new signings, brand-led growth and inorganic expansion. The company indicated that FY2026 represents a milestone year in terms of scale and network growth.

250 signings and 30+ openings in FY2026

During the fiscal year, IHCL recorded 250 hotel signings across segments, reflecting sustained deal activity. In parallel, the company opened more than 30 hotels, expanding its operational footprint across both established and emerging destinations.

The openings included entries into new markets such as Lakshadweep, Ekta Nagar, Raichak, Kanpur, Vrindavan and Bhutan. IHCL also strengthened its presence in existing markets including Goa, Ahmedabad, Coorg, Kochi, Gurugram, Delhi, Varanasi, Udaipur, Haridwar and Dehradun.

According to the company, this combination of signings and openings has supported both geographic diversification and deeper market penetration in high-demand locations.

Luxury and experiential segments drive brand expansion

IHCL expanded its luxury portfolio through strategic additions, including the onboarding of Claridges Collection and the acquisition of a controlling stake in Atmantan. The company also strengthened its presence in the experiential leisure segment through Brij Hospitality.

Within its flagship Taj brand, IHCL added 19 signings during the year. These included an international project in Cairo, a 500-key hotel in Patna and a mixed-use development in Noida combining a hotel with branded residences.

The Gateway brand, repositioned as part of the company’s portfolio strategy, crossed the milestone of 50 hotels, indicating continued growth in the upscale segment.

Midscale growth led by Ginger brand expansion

IHCL reported significant expansion in the midscale segment through its Ginger brand, which has crossed a portfolio of over 250 hotels across more than 150 locations. The growth has been supported by acquisitions, including ANK and Pride Hospitality.

The midscale segment continues to be a focus area for the company, driven by demand for standardized and value-oriented accommodation across a wide range of markets. The expansion of Ginger reflects IHCL’s strategy to scale in this segment alongside its luxury and upscale brands.

Accelerate 2030 strategy targets 700 hotels

IHCL said its current expansion momentum aligns with its “Accelerate 2030” strategy, under which the company is targeting a portfolio of 700 hotels. The existing pipeline of 255 properties provides visibility for future growth as projects move toward completion.

The company’s expansion approach integrates acquisitions, management contracts and brand development to increase its footprint while diversifying across segments and geographies. The addition of new destinations and continued focus on key markets are expected to support portfolio growth.

With 628 hotels now in its network and a substantial development pipeline, IHCL continues to expand its presence across India and international markets through a mix of strategic signings, openings and acquisitions.