Indian Hotels has grown at a scorching pace under Puneet Chhatwal. Can he sustain the bull run?
On Tuesday, outlining his vision for India’s largest hospitality group at its Capital Markets Day presentation in Mumbai, the understated Chhatwal, clad in a grey suit and blue-striped tie, said, “By 2030, revenue and hotels should double, and RoCE (return on capital employed) should go to 20%-plus.” Industry watchers have come to expect ambitious targets ...