IHG signs for 19 more Holiday Inn Express hotels in India by 2016

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Published on 16/06/11 - Updated on 17/03/22

Duet India Hotels Group and IHG have signed a joint venture partnership for the development of 19 new Holiday Inn Express hotels across India by 2016.

IHG will invest through a 24% equity stake, making a multiyear investment of US$30 million into the partnership to support the building of the 19 hotels over the next five years. The Holiday Inn Express-flagged hotels will add approximately 3,300 guestrooms to IHG’s current India development pipeline of 46 hotels and more than 10,000 guestrooms and are expected to be operational by 2016.Upcoming Holiday Inn Express hotels will be primarily located in India’s major metro areas and key secondary cities, including New Delhi, Mumbai and Bangalore.Upcoming Holiday Inn Express hotels will be primarily located in India’s major metro areas and key secondary cities, including New Delhi, Mumbai and Bangalore.

Holiday Inn

Holiday Inn

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InterContinental Hotels Group

InterContinental Hotels Group

Hotel Group

  • InterContinental Hotels Group United Kingdom
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