Double-Digit Growth in Sight: Tata’s IHCL Unveils Taj Damdama Report for FY26 Expansion

The Indian Hotels Company Ltd (IHCL), parent company of the Taj brand, has unveiled the redesigned Taj Damdama Lake resort and spa in Gurugram. This move aligns with its aggressive growth strategy for FY26, focused on portfolio expansion, strong sector demand, and substantial capital investments.

Taj Damdama Launch Aligned with IHCL’s FY26 Growth Strategy

IHCL revealed the upgraded 143-key Taj Damdama Lake resort featuring villas with private plunge pools and signature wellness therapies like the Turkish Hammam. The property also offers curated experiences such as farm and temple tours. Positioned near Gurugram, it reflects the brand’s luxury ethos and is set to strengthen IHCL’s foothold in the northern hospitality market.

30 New Hotel Openings and Portfolio Doubling Plans

IHCL plans to open 30 new hotels in FY26, supported by growth in same-store performance and momentum in new businesses. This expansion is part of the company's broader aim under its Accelerate 2030 strategy to double its hotel count to over 700 properties and scale consolidated revenue beyond ₹15,000 crore.

Strategic Investments and Renovation Focus

Out of the ₹1,200 crore earmarked for investment, 60% to 65% will be directed towards major renovations and digital upgrades. Properties under renovation include the Taj Palace in Delhi, Fort Aguada in Goa, the Taj Kolkata, and the St James in the UK. These enhancements are expected to improve guest experience and maintain Taj’s premium positioning.

Read More: IDFC First Bank Sets July 11 as Record Date for ₹0.25 Dividend!

Global and Domestic Expansion Through Taj Brand

In FY25, IHCL signed 19 new Taj properties, expanding its footprint in metro hubs like Bengaluru and the NCR, leisure spots like Goa and Chail, and international markets such as Bahrain and Ras Al Khaimah. This reinforces its strategy to grow the Taj brand globally and cater to rising travel and hospitality demand in key regions.

The Indian Hotels Company Share Price Performance

As of 09:33 AM, on July 4, 2025, the Indian Hotels Company share price is trading at ₹755.90, a 0.35% increase.

Over the past week, it has declined by 2.21%, over the past month, it has declined by 2.76%, and over the past 3 months, it has declined by 9.70%.

Conclusion

IHCL’s launch of Taj Damdama and its strategic investments signal robust ambitions for FY26. With 30 hotels set to open, major renovations underway, and a clear vision under Accelerate 2030, the company is positioned to achieve its double-digit growth target while enhancing its luxury hospitality footprint across India and abroad.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.