Indian Hotels Company Limited operates the largest hotel chain in India under the brand "Taj Hotels, Palaces & Resorts". It was incorporated in 1903 by Jamsetji N. Tata and opened its first property, The Taj Mahal Palace Hotel in Mumbai. Today it comprises 93 hotels across India and 16 international hotels. Over the decades, Taj Hotels has expanded geographically, developing new destinations and converting royal palaces into luxury hotels. It operates in different market segments through its brands like Taj, Vivanta, Gateway, and Ginger. While it enjoys brand recognition and a premium reputation, it also faces competition from international and domestic players.