Indian Hotels Company (IHCL) has acquired a majority stake in Tree of Life Resorts, enhancing its portfolio and targeting an expansion to 100 properties by 2030 in collaboration with Ambuja Neotia Group.

Target Information

The Indian Hotels Company Limited (IHCL), India’s largest hospitality provider, has announced its acquisition of a majority stake in the operating company of Tree of Life. This collaboration marks a significant partnership with the Ambuja Neotia Group. Tree of Life Resorts is known for offering serene escapes and reflects the rich essence of authentic Indian hospitality, featuring over 15 unique destinations across India, including lesser-known locales like Dared, Dehradun, Varanasi, Binsar, Kumaon, and Udaipurwati.

With a current portfolio of 19 resorts and hotels, two of which are still under development, Tree of Life embodies a commitment to experiential leisure travel, a growing segment in India's robust tourism landscape. IHCL aims to expand this brand significantly, with a target of scaling it to 100 properties by 2030.

Industry Overview

India’s hospitality industry is among the fastest-growing sectors, increasingly recognized for its potential in global tourism. The country’s diverse landscapes and rich cultural heritage attract millions of tourists each year, th