IHCL launches first Taj property in Makkah
NEW DELHI: The Indian Hotels Company LimitedNSE -2.09 % (IHCL) announced on Tuesday that it has launched its first Taj property in Saudi Arabia in the city of Makkah. IHCL has partnered with Umm Al Qura Development and Construction Company in the King Abdul Aziz Road (KAAR) project, an urban rejuvenation project in the city of Makkah.
Puneet Chhatwal, managing director and CEO at The Indian Hotels Company Limited (IHCL) said, “We are honoured to partner with Umm Al Qura Development and Construction Company in bringing the first Taj hotel to Saudi Arabia. This signing is aligned to our strategy of a strong focus on global growth markets and to be present where our guests travel to. We are committed to expanding our presence in the MENA region.”