Indian Hotels Company Limited (IHCL) has announced the signing of a new 310-room Taj hotel in Visakhapatnam, Andhra Pradesh. This marks the debut of the Taj brand in the coastal city, reflecting IHCL’s strategy to expand its presence in key leisure and commercial markets.
The hotel, named Taj Varun Beach, will be located within the Varun Bay Sands complex. It is set to offer panoramic views of the Bay of Bengal, providing a luxurious experience for both leisure and business travelers. The property will feature an all-day dining restaurant, specialty restaurants, a bar, a well-equipped gym, a swimming pool, and the signature J Wellness Circle spa. Additionally, expansive banqueting and meeting facilities will cater to corporate events and social gatherings.
Puneet Chhatwal, Managing Director and CEO of IHCL, expressed enthusiasm about the partnership with Varun Hospitality Private Limited for this greenfield project. He highlighted the company’s commitment to introducing the iconic Taj brand to Visakhapatnam, aiming to set new benchmarks for luxury hospitality in the region.
The Varun Bay Sands complex, which will house Taj Varun Beach, is a multi-use development that also includes Varun Hub, offering commercial office spaces, and Varun Nest, featuring service apartments. This integration of hospitality with commercial and residential spaces is expected to enhance the overall appeal of the location.
Prabhu Kishore, Founder and Chairman of Varun Group, emphasized the significance of this collaboration, stating that Taj Varun Beach will elevate the hospitality landscape in Visakhapatnam and contribute to the city’s growing prominence as a tourist and business destination.
This development aligns with IHCL’s broader expansion plans, which include a significant capital expenditure over the next five years to double its hotel count and consolidate revenue. The company aims to reach 150 billion rupees in revenue by fiscal 2030, expanding from 350 to over 700 hotels, primarily focusing on the Indian subcontinent.
The introduction of Taj Varun Beach is anticipated to bolster tourism in Visakhapatnam, attracting both domestic and international visitors. As the city continues to develop its infrastructure and connectivity, the new hotel is poised to become a landmark destination for travelers seeking luxury and comfort along the eastern coast of India.
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