Business Performance Update

IHCL reported significant expansion activity for Q1 FY2027 (quarter ending June 30, 2026), with 20 new hotel signings and 11 hotel openings during the quarter. This growth has increased the company's total portfolio to 645 hotels with over 66,000 keys. The company maintains an industry-leading pipeline of 263 hotels.

Portfolio Breakdown

As of June 30, 2026, IHCL's operating portfolio stands at 382 hotels across its various brands. The detailed brand-wise breakdown is:

| Brand | Operating Hotels | Pipeline Hotels | Total Portfolio |

| Taj | 93 | 57 | 150 |

| Claridges Collection | 3 | 1 | 4 |

| Brij | 11 | 11 | 22 |

| Atmantan | 1 | - | 1 |

| SeleQtions | 39 | 17 | 56 |

| Gateway | 14 | 41 | 55 |

| Vivanta | 32 | 22 | 54 |

| Tree of Life | 23 | 18 | 41 |

| Ginger | 166 | 96 | 262 |

| TOTAL | 382 | 263 | 645 |

Signings Strategy

According to Suma Venkatesh, Executive Vice President - Real Estate & Development, 17 of the 20 signings in Q1 FY2027 were across the company's growth brands: Gateway, Ginger, and Tree of Life. New destinations and emerging markets included Bharatpur, Trichy, Sindhudurg, Jawai, and Wayanad, with deeper penetration in established markets of Mumbai, Goa, Agra, and Kolkata.

The Taj brand reached a significant milestone of 150 hotels in its portfolio with three signings this quarter, expanding its leisure footprint to Dharamshala, Barapani in Meghalaya, and Kusur valley in Maharashtra.

Hotel Openings

Deepika Rao, Executive Vice President - Hotel Openings & New Businesses, reported that the 11 hotel openings in Q1 FY2027 expanded IHCL's operating portfolio to over 380 hotels. International expansion included the opening of Taj Hessischer Hof in Frankfurt and Taj Bush Lodge in Greater Kruger, South Africa.

Domestically, the SeleQtions portfolio grew with the addition of Ayodhayam in Ayodhya and Bandra House in Mumbai. Gateway expanded with a new hotel in Kandla, while Ginger continued its growth with openings in Hyderabad, Agra, Kota, the industrial town of Gadchiroli in Maharashtra, and the historical city of Siwan in Bihar.

Strategic Context

IHCL is positioned to achieve its goal of a 700-hotel portfolio under its strategic roadmap 'Accelerate 2030'. The company describes itself as India's largest hospitality company by market capitalization, with a global presence across 4 continents, 15 countries, and over 300 locations.