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The Indian Hotels Company Limited
Group Members
Name Sr. NoDisha Bhojani 16Divya Gandhi 17Faraz Alam 18Faraz Patel 19Farheen Ansari 20
Timeline
Timeline: Taj Hotels• 1902: Incorporation of Indian Hotels Company Ltd. (IHCL) by Jamshedji Tata
• 1903: The Taj Mahal Palace, Mumbai - First Hotel established
• 1974: First five star beach resort, Fort Aguada Beach Resort, Goa
• 1980: First international step. Taj Sheba Hotel at Yemen
• 1989: Taj Bengal in Kolkata. First chain to have presence in all five metros.
• 2000: Partnership with GVK Reddy group to form Taj GVK Hotels
• 2004: Opened Wellington Mews in Mumbai, first luxury serviced apartment and
launched Ginger, its value for money chain
• 2008: Taj Mahal Palace, Mumbai, was under terrorist siege on 26 November, 2008
• 2010: Taj Mahal Palace, Mumbai reopened completely
• 2011: Taj Hotels Resorts and Palaces opens a new hotel - Vivanta by Taj – Dal view, Srinagar.
Vision and Mission
Vision
To lead and become the international benchmark in the Hospitality industry in India and in key regions of the world
To dazzle and delight the customer with the highest quality of hotel products, food and beverage experiences, and above all, exceptional standards
Mission
Our mission is to contribute to the Tata Group purpose statement which is
•To improve quality of life in India. We do this by being leaders in sectors of national economic significance.
•To evoke trust among our customers, employees, shareholders and the community.
Key Business Drivers
Hospitality Industry
Key Business Drivers
Key Business Drivers
Stakeholder Framework
Stakeholder Framework
Stakeholder Framework
Corporate Awards
Global Awards August 2013• The Taj Group of Hotels was conferred the Conde Nast
Traveler USA World Savers Award 2013 for Poverty Relief. • Banjaar Tola, the Taj Safari lodge in Kanha National Park
was conferred the award for Most Innovative Guest Experience at the Virtuoso Best of Best Awards 2013.
July 2013• Umaid Bhawan Palace, Jodhpur ranked no. 11 on the list of
"Top Resorts in Asia" and no. 14 on the list of "Top 50 Hotels in the World" in the Travel + Leisure World's Best Awards 2013.
National (Indian) Awards (April 2013)
• Taj Falaknuma Palace, Hyderabad was named the Best Heritage Hotel in India at the T+L India's Best Awards 2013.
• Wasabi by Morimoto at the Taj Mahal Palace, Mumbai was named the Best Hotel Restaurant at the T+L India's Best Awards 2013.
• The Jiva Spa at Taj Exotica Goa was named the Best Destination Spa in India at the T+L India's Best Awards 2013.
Regional Awards
2013• The Taj Mahal Hotel, New Delhi has been awarded
the 2013 certificate of Excellence by Tripadvisor
The Financials
Sources of Income
Total Income
Break Up of Total Expenses
Break up of other Expenditure
Total Expenses
Net Profit
Net Profit Margin( %)
Debt – Equity Ratio
Current RatioCurrent Ratio
Earning per shareEarning per share
Risks and Mitigation
Company Specific Risks• Heavy Dependence on India
• Dependence on the high-end Luxury segment
• Competition from International Hotel Chains
• High Operating Leverage
• Foreign exchange fluctuation risks
Risk Mitigation Initiatives• Security measures.
• Entrance in the mid-market segment
• Renovating and Repositioning all its key properties.
• Operating and financial leverage.
• Monitoring.
Growth and Expansion
Future Plans of Taj Hotels
• it plans to open 83 new hotels globally to take tally to 200 by the end of 2018. (end of 5 years)
• The big plans include ‘Project Island’, to develop the Landsend property at Bandra, Mumbai, into an iconic 1,000-room hotel with 12 restaurants and two ballrooms seating 2,000 each.
• The Taj group of hotels, at present involved in four projects in China, may become the first Indian hotel company to establish its presence in Tibet.
Biblography• http://www.tajhotels.com/About-Taj/Company-Information/History-Of-
Taj.html
• http://www.tajhotels.com/About-Taj/Investor-Relations/pdf/IHCL-Annual-Report-2012-13.pdf#zoom=100
• http://www.moneycontrol.com/financials/tajgvkhotelsresorts/ratios/TGV
• http://www.moneycontrol.com/financials/tajgvkhotelsresorts/profit-loss/TGV#TGV
• http://forbesindia.com/article/big-bet/raymond-bicksons-revival-plan-for-taj-hotels/35111/0
THANK YOU
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