Equity Report #104 TajGVK

TajGVK Hotels & Resorts Limited, incorporated in 1995, is a joint venture between the Hyderabad-based GVK Group and Indian Hotels Company Limited (IHCL). The Company is primarily engaged in the business of owning, operating & managing hotels, palaces, and resorts under the brand name “TAJ”. The company currently has six premium hotel properties (5-star/5-star deluxe) with a cumulative inventory of 1,083 rooms. The Co. also has another property in Mumbai, which is set up under an SPV named Green Woods Palaces & Resorts Private Limited, in which TajGVK holds about a 49% stake.

Head over to the full Equity Report to find out more.

Credits: Gayathri A, Hrishikesh Malekar, Tanay Jaiswal

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