The suspense over the future of the iconic Taj Mahal Hotel New Delhi is finally over.

It was announced today that the present operator, the Indian Hotels Company (IHCL), will continue to run the hotel. The bidding process took a long time as the original contract expired some years back, and only a few bidders came forward meeting the conditions.

Years later this has finally been resolved.

Mr. Puneet Chhatwal, MD & CEO, IHCL, said: “We are delighted that the iconic Taj Mahal, New Delhi which has been an important part of the cultural and historic fabric of the national capital, will continue to remain a part of the IHCL family.

“We would like to thank our customers for their enthusiastic support and our employees, who have always offered exceptional service to our guests for over 40 years.

“We look forward to investing in the hotel and taking it to new heights of Indian hospitality. The Taj legend will continue to serve Delhi with elegance and charm.”