India’s Taj Hotels parent plans $592.5 million capex over five years, shares jump

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Indian Hotels Co. Ltd (IHCL), aiming to double its hotel count and revenue, announced a $592.5 million investment plan over the next five years. This initiative targets a consolidated revenue exceeding $1.78 billion and an expanded portfolio of over 700 hotels by 2030.

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India’s Taj Hotels parent plans $592.5 million capex over five years, shares jump

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