The Indian Hotels Company Limited and Chalet Airport Hotel Private Limited have signed a franchise agreement to operate the Taj brand at the future hotel being built at Terminal 3 of Indira Gandhi International Airport in New Delhi. Chalet Airport Hotel Private Limited is a wholly owned subsidiary of Chalet Hotels Limited and owns, operates, and manages hotels. The hotel will be adjacent to Terminals 3 and 2 and is anticipated to have 400 rooms when it opens in the next two years.
Sanjay Sethi, managing director and CEO of Chalet Hotels, said, “We are happy to partner with them for our upcoming hotel in New Delhi with the signing of this franchise agreement. It was a well thought out decision to choose the Taj brand for this marque asset.”
IHCL’s managing director and managing director, Puneet Chhatwal, stated that this agreement was in accordance with the company’s goal of increasing its presence in gateway cities. With this expansion, this brand is now represented in the three busiest airports in the nation: Bengaluru, Mumbai, and Delhi.
The Delhi International Airport Limited (DIAL), the project’s overseeing organisation, has engaged Chalet to build this, the company’s first hotel in the country’s north. The airport company will construct the hotel’s shell.
According to a survey from the hospitality consultant Hotelivate, organised room supply in India increased 3.3% in FY21 compared to FY20. Including the 4,093 additional rooms introduced last year, India has around 144,000 branded rooms.
The majority of this inventory, which increased 1% in FY21, appeared in large metro areas. Delhi topped the list with 15,181 rooms, followed by Bengaluru with 13,901 rooms and Mumbai, comprising Navi Mumbai, with 14,330 rooms.