IHCL to expand its luxury offerings under Claridges Collection brand
Indian Hotels Company Limited (IHCL) will expand in the boutique luxury space with over 20 properties under the Claridges Collection brand by 2030.
This follows a brand licensing agreement between IHCL and Claridges Hotels Private Limited. While IHCL will begin managing The Claridges Hotel in Delhi from April, the group has also decided to bring The Connemara Hotel in Chennai and the Blue Diamond Hotel in Pune under the Claridges Collection brand.
The Connemara Hotel, which has a legacy of over a hundred years, has 134 rooms, 13 suites, as well as restaurants and bars. IHCL renovated the property eight years ago, preserving its Art Deco facade and interiors. The Connemara Hotel is being refurbished again and will be rebranded as a Claridges Collection hotel next year.
Similarly, the Blue Diamond Hotel in Pune will also undergo renovation before its rebranding.
IHCL Managing Director & CEO Puneet Chhatwal remarked that demand for luxury products and services is at an all-time high, led by the significant expansion of households in the high-net-worth bracket. “This presents a market opportunity to extend hospitality offerings in the luxury segment, as consumers are seeking differentiated experiences,” he said.
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