InterContinental Hotels Group ti expand in India

InterContinental Hotels Group (IHG), a UK-based hospitality major, has decided to increase the presence of its luxury segment offerings in India.

Sudeep Jain, IHG’s VP (development) for Southwest Asia, was quoted as saying by TOI: “We are going to get more of our luxury brands to India. While mid-market segment will remain our mainstay here, the number of luxury properties in the pipeline here should get in double digits in four years. For example, we have an InterContinental in Mumbai and Mahabalipuram, Chennai, each and we will get two to three more in next 12 months, including one in Bengaluru.”

At present, IHG has 36 properties in India, of which 24 are Holiday Inn and Holiday Inn Express, 10 Crowne Plazas and only two luxury InterContinentals.

In 2018, IHG acquired mainstream luxury brand Regent, which it plans to bring to India along with boutique luxury brands Six Senses and Kimpton. The 14th century Fort Barwara in Ranthambore is undergoing major conservation-cum-restoration and will open as a Six Senses property next year.

Image Credit : media.licdn.com

Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner

Archives