IHG Plans Hotel In Coimbatore
UK-based InterContinental Hotels Group (IHG) on Monday said it plans to open 20 hotels in India with over 5,000 rooms under its different brands, including the InterContinental, Crowne Plaza and Holiday Inn, as a part of its strategy to strengthen presence in the country. The world's largest hotel group with the most number of rooms, is developing 14 new-look Holiday Inn hotels with more than 3,700 rooms, which are scheduled to open over the next three years in 11 cities nationwide.Developing 14 new-look Holiday Inn hotels with more than 3,700 rooms
"India is an important market for IHG, where both domestic and international traffic is increasing and new travel segments are opening up. In the Indian hotel business, the greatest opportunity for growth is in the mid-scale segment, in which Holiday Inn has a leading position," IHG Asia Pacific Chief Executive Peter Gowers said in a statement. IHG, with an existing portfolio of 13 hotels in India, including five Holiday Inn hotels, is also developing hotels under the InterContinental and Crowne Plaza brand names besides Holiday Inn. It, however, did not disclose any investments for the planned expansion in the country.
Gowers said Holiday Inn accounts for almost three quarters of the company's new developments in India. Three of the Holiday Inn hotels will be located in Bangalore, with the remaining in Delhi, Dehradun, Cochin, Coimbatore, Kolkata, Mumbai, Pune and Nagpur.
