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The Economic Times

Business

Debaroti Adhikary

INSANE: Explained what oriental hotels merger with ihcl means for shareholders | Rare Historical Photos

Tata Group's Indian Hotels Company (IHCL), which operates the popular Taj hotel brand, has announced the merger of Oriental Hotels with IHCL in an all-stock transaction.

Oriental Hotels is an associate company of IHCL, with a portfolio of seven hotels with 825 rooms. IHCL and its subsidiary currently hold a little over 37% stake in the company. Following the merger, which is expected to be completed in the second half of FY28, 7 hotels will be added to IHCL’s standalone portfolio, including 3 freehold properties.

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