Indian Hotels going the asset-light way? | dnaindia.com

Indian Hotels Company Ltd, which runs the Taj Group of Hotels, is altering its business model, according to people familiar with the development. Till now, India's largest hospitality chain has been constructing hotel projects itself, which often leads to cost over-runs and clogged finances. Under a new model, all hotel projects of the company will be executed by Tata Realty Infrastructure Ltd (TRIL), while IHCL will manage them, one person said.