Hotel Corporation of India Limited.


8th July 1971

1st floor, Transport Annexe Building, Air India Complex, Old Airport, Kalina, Santacruz (E), Mumbai-400 029.

The Company has authorized Share Capital of Rs.41 crores divided into 41,00,000 Equity Shares of Rs.100/- each and its present paid up capital comprises of 40,60,000 fully paid up equity shares of Rs.100/- amounting to Rs.40.60 crores. (The entire share capital of the Company is held by National Aviation Company of India Limited and its nominees ).

Mumbai, Delhi and Srinagar.

When the Air India decided to enter the Hotel Industry in keeping with the then prevalent trend among world airlines, the objective was to offer to the passengers a better product, both in International Airport and at the other places of tourist interest, thereby also increasing tourism in India.