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IHCL signs Taj Pushpabanta Palace in Agartala, increases footprint in Northeast to 14 hotels
IHCL signs Taj Pushpabanta Palace in Agartala, increases footprint in Northeast to 14 hotels
Indian Hotels Company (IHCL) has announced the signing of Taj Pushpabanta Palace in Agartala in a public-private partnership with the Tripura Government
Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Taj, for over a century, has been the custodian of India’s heritage and culture, having restored some of the country’s most celebrated palaces. The heritage Taj Pushpabanta Palace will be refurbished to its former glory in keeping with Taj’s iconic legacy. We are delighted to partner with the Tripura Government for Taj Pushpabanta Palace”.
He added, “This signing takes forward IHCL’s history of pioneering new destinations and putting them on the global tourism map. The North East region, famed for its natural beauty, is witnessing significant commercial and economic development. IHCL reinforces its commitment to build new tourist circuits and itineraries in line with the Tata ethos of development of a region. Under IHCL’s strategic roadmap, Accelerate 2030, targets to grow its multi-brand presence in the region to 30 hotels by 2030. IHCL, along with its partner ecosystem, is committed to investing Rs. 2500 crores in the region over the next three years.”
Pushpabanta Palace was built in 1917 as a holiday home for the king and his guests. The development is proposed to have 100 rooms, all of which will be housed in a newly built structure paying homage to the heritage palace architecture. The palace itself will house select public areas and royal suites. The refurbishment and expansion are expected to be completed in the next three years.
IHCL has nine operating hotels in the North East with a multi-brand presence in capital cities of Guwahati with a Vivanta and Ginger, Gangtok with Taj Guras Kutir Resort & Spa, Ginger and Tree of Life resort, a Vivanta hotel in Shillong and Tawang, Ginger in Agartala and a Vivanta in the leisure destination of Pakyong. The pipeline includes five upcoming hotels in Agartala, Itanagar, Guwahati, Jorhat and Dibrugarh.
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