IHCL has partnered with Ithra Dubai LLC to launch a new Taj hotel at Deira Creek in Dubai, enhancing its footprint in the Middle Eastern hospitality market.
Target Information
The Indian Hotels Company Limited (IHCL), renowned as India's largest hospitality company, has recently announced its partnership with Ithra Dubai LLC to establish a new Taj hotel at Deira Creek in Dubai. The project is notable for its cultural and historical significance, positioning IHCL to enhance its presence in the Middle East market, which is crucial for the company. The management of IHCL, represented by Mr. Puneet Chhatwal, emphasizes the company's commitment to managing iconic hotels and preserving rich heritage links globally.
Set to be a Greenfield project slated for opening in early 2022, the new Taj hotel will be located conveniently, just 15 minutes from Dubai International Airport. The hotel is a part of the ambitious Deira Waterfront Development, marking it as one of the most substantial revitalization efforts in Dubai. With approximately 200 rooms and suites featuring spectacular waterfront views, the hotel will also offer various dining options, event spaces, and wellness facilities.
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Industry Overview
The hospitality industry in the United Arab Emirates (UAE), particularly in Dubai, has been experiencing a robust growth trajectory, driven by increasing tourism, business travel, and international events. The UAE government h
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The Indian Hotels Company Limited
invested in
Ithra Dubai LLC
in 2018
in a Strategic Partnership deal