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IHCL launches Taj Damdama Lake Resort in Gurugram

Friday, 04 Jul 2025
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The Indian Hotels Company (IHCL) has launched the re-imagined Taj Damdama Lake resort and spa in Gurugram, as part of its strategy to achieve double-digit growth in FY26.

The 143-key property features villas, some with plunge pools, and offers wellness therapies like Turkish Hammam, along with curated experiences such as farm and temple tours. As India’s largest hospitality chain and parent of the Taj brand, IHCL’s growth in FY26 will be driven by same-store performance, new business segments, and the addition of 30 new hotels amid a robust hospitality outlook.

The company aims to double its portfolio to over 700 hotels and grow consolidated revenue to over Rs 15,000 crore under its Accelerate 2030 strategy. “In line with our strategy of growing the presence of the iconic Taj, IHCL signed 19 Taj hotels in FY25,” said an IHCL spokesperson. These include locations in Bengaluru, NCR, Goa, Chail, Bahrain, and Ras Al Khaimah.

IHCL has earmarked over Rs 1,200 crore for capital expenditure, with 60–65 percent allocated to renovations and digital upgrades at properties like Taj Palace Delhi, Fort Aguada Goa, Taj Kolkata, and St. James UK.

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