Brigade Group & IHG to Open 10 Holiday Inn Express Hotels in India By 2020
October 30, 2013 7:02am
The first two hotels under this partnership will open in Bangalore in early 2017, while the remaining eight hotels are scheduled to open within the next four to seven years. IHG and Brigade Group are currently in partnership for the Holiday Inn Tidel Park in Chennai, which is scheduled to open at Old Madras Road (OMR) in the second quarter of 2015.
Said M.R Jaishankar, Chairman & Managing Director, Brigade Enterprises Ltd., "Hospitality is an important business unit for the Brigade Group and we are working on strengthening this expertise. Partnering with IHG is ideal as the company brings with it many years of international hotel management experience with global brands like Holiday Inn. This will complement our local business knowledge and add to our success."
Douglas Martell, Vice President Operations South West Asia, IHG commented, "India's middle class is fast expanding and this is fuelling the demand for the midscale, select-service segment and thus our Holiday Inn Express brand - it is a brand that caters to the value-conscious traveller who is self-sufficient and purpose driven. We have no doubt the business model of the brand will provide The Brigade Group with good returns on investment per hotel and we are delighted to have this opportunity to extend our relationship with the Group and expand the brand's presence in India."
IHG currently has 14 hotels open in nine cities in India. Following the agreement, the group will have 57 hotels in pipeline - 50 of these being Holiday Inn or Holiday Inn Express hotels.
Since its launch in 1991, Holiday Inn Express hotel has been one of the largest and fastest growing hotel brands in the world. There are 2,222 hotels open across the globe and 473 in IHG's global pipeline.
Tags: brigade group,
holiday inn express
Contact: Vinay Narang - Director - Corporate Communications, India
Contact: Sanyukta Dutta or Shweta Kshetrapal - Ogilvy PR India
firstname.lastname@example.org or email@example.com /
Mob: +91-9811507945 or +91-9891980005
Contact: Nirupa Shankar - Director - Brigade Hospitality Services Limited
Mobile: +91 9686602305
IHG® Notifies Guests of Payment Card Incident at 12 Properties in the Americas
InterContinental Hotels Group Appoints Sudeep Jain as Vice President, Development, South West Asia
IHG® Challenges Brands to Address the Needs of the Uncompromising Customer in the ‘Age of I’
Lao International Development & IHG Enter Agreement for New Build InterContinental Vientiane in Laos
IHG Reports Q3 2016 Results: Slow but Steady Growth with a 1.3% Increase in RevPar
IHG Signs with Amapa Group to Convert Historic Palace Building into Hotel Indigo in Milan's Duomo Neighborhood
IHG Appoints Michael Zager Vice President, Operations, Continental Europe
IHG and NOVUM Hotel Group Sign Landmark Deal to Develop 20 Hotels Across Europe
IHG and HPL Partner to Bring InterContinental Resort to Maldives' Island of Maamunagau
IHG Appoints Ranjay Radhakrishnan Chief Human Resources Officer
IHG Appoints Jacque Riley as Brand Director, Kimpton Hotels & Restaurants Europe
IHG Reports First Half 2016 Interim Results: Achieved a 10% Increase in Operating Profit
Successful Louisville Transaction, Times Two: Paramount Lodging Advisors Completes Sale of IHG Kentucky Hotel Package
InterContinental Hotels Group Reports First Quarter 2016 Trading Update
Paramount Lodging Advisors Assist in Two Auburn Area Hotel Transactions
Paramount Lodging Advisors Assists In Seventh Successful Indiana Transaction In Five Months
IHG and Proud Resort Phuket Co., Ltd Partner for New Intercontinental Phuket Resort
IHG Appoints Michael Torres Vice President, Corporate Communications, The Americas
IHG Appoints Jonathan Lund Regional Vice President, Canada Franchise Performance Support
IHG Issues Statement Regarding Press Speculation on Potential Sale or Merger
Please login or register to post a comment.