New Delhi. Taj Hotel is counted among the most expensive and luxurious hotels in the country. Now a big achievement has been added to its name. Indian Hotels Company Limited (IHCL), the company that runs Taj Hotels, has now become the first Indian hospitality company to touch a market cap of Rs 1 lakh crore. Let us tell you that IHCL is a company of the Tata Group.

Today you will have to spend lakhs of rupees to stay in the Taj Hotel. But do you know that there was a time when you could stay for a night by paying just 6 rupees? Actually, in the year 1903, you had to pay only 6 rupees to stay for a night in the Taj Hotel in Mumbai.

The market cap of Oberoi Hotels is Rs 24 thousand crores.
Oberoi Hotels is the second most valuable hospitality company with around Rs 24 thousand crores. Due to the boom in the tourism sector after the Corona epidemic, domestic companies are touching new heights of valuation. IndiGo, India's largest airline by domestic market share, touched a market cap of Rs 1 lakh crore last June. It became the first domestic airline to do so. IndiGo's market cap may soon double as it is currently more than Rs 1.9 lakh crore.

IHCL has a portfolio of 340 hotels
Last week, IHCL touched the market cap figure of Rs 1 lakh crore. The company is opening hotels across India. IHCL, which operates four brands - Taj, Selections, Vivanta, and Gateway, currently has a portfolio of 340 hotels, of which 112 hotels are under construction at 130 locations in 13 countries across four continents. The first hotel of the Tata Group, the Taj Mahal Palace, was opened in Mumbai (then Bombay) in 1903.