NEW DELHI,, 28th March 2023: Cheval Collection, the award-winning luxury hospitality brand, recently got felicitated with the prestigious ICONIC Award, for Iconic Luxury Serviced Apartments, at a glittering function held on 23rd March at ITC Maurya, New Delhi.

The Award was presented to Mr. Achinto Bose, Director - India for Cheval Collection, by Mr. Harin Fernando, Hon’ble Minister for Tourism & Land, Sri Lanka, in august presence of TAAI President Mrs. Jyoti Mayal and other high-profile dignitaries. The glam event held in association with TV9, ET Travel World & Outlook Magazine, witnessed the elite personalities of Travel, Hospitality, Aviation, Fashion, Lifestyle and Arts to celebrate achievements, promote growth and diversity of business.

India is now a top 5 source market for Cheval Collection, a phenomenal growth from being No. 10 Source Market in 2019. Cheval Collection reported 40% revenue growth for its London city locations from the Indian market in 2022. It has also announced plans to expand its portfolio by four properties each year. Cheval Collection is well known for its properties in London, Edinburgh UK and is now expanding its portfolio to the Middle East with a brand new Cheval Maison opening in April, 2023 in Dubai.


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About ICONIC Awards:
ICONIC Awards is one of the most anticipated and premium events held every year and an initiative that brings together the worlds of Aviation, Travel, Hospitality & beyond. An industry first, ICONIC is both a forum for discussion as well as a stage to recognize the achievers of the industry. ICONIC 2023, aims to become bigger and bolder by partnering with TV9, ET Travel World & Outlook Magazine to take the Travel, Aviation, Hospitality confluence to the next step.

About Cheval Collection:
Cheval Collection is celebrating its 40th Anniversary of providing high-quality serviced apartments worldwide. The collection includes the Cheval Residences, Cheval Maison and MY Locanda brands. Cheval Collection has India as one of its top five markets in terms of room nights and revenue in 2022. Further to this, the award-winning brand has experienced a 30% increase in enquiries for short stay apartments from Indian travellers and revenue data reports a 40% increase for London city locations compared to 2019. Cheval Collection has extensive expertise and resources available to take on new projects, from inception to opening alongside support functions across the business, from technical services, operations and facilities management to revenue and reservations, human resources and sales and marketing.

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