NEWS | IHCL Initiatives To Bring In 1150 Crore over next 2 - 3 years

/

According to recently held Analyst’s meet:

  • Taj’s exclusive business club, The Chambers, has been relaunched with new features. The firm plans to increase its member count from 2,200 to 4,000. Seven Chambers are operational now and two more are in the pipeline. The company expects it to become a ₹150-crore business.

  • The firm said the group’s food delivery business Qmin has the potential to reach ₹500 crore in revenue.

  • The group’s branded homestays, Ama Stays and Trails, has a revenue potential of ₹500 crore.

New initiatives (Qmin, Ama, The Chambers) are expected to contribute ₹450-500 crore or 10% of revenue over the next two-three years from 5% currently.