TATA group's Indian Hotels Company Limited (IHCL), which owns the luxury hotel brand 'Taj', will operate Cochin International Airport Limited's (CIAL) five-star hotel at the airport premises with an estimated investment of Rs 100 crore, a release said here on Thursday. CIAL constructed the hotel, which is ideally located near the airport entrance, as part of its land utilisation programme and also to provide the passengers with hospitality services at par with international standards. Taj CIAL at Cochin Airport is expected to be launched by middle of 2024.