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
Hotel Indigo Bali Seminyak Beach Opens in Indonesia with General Manager Guillaume Epinette at the Helm
IHG® Appoints David Todd as Senior Director, New Hotels-IMEA
Owned by African Sun Limited, Holiday Inn Opens in Mutare, Zimbabwe
Prestige Hospitality Group Opens Newly Built 90-Room Holiday Inn Express Hotel & Suites in Queensbury, New York
ANA InterContinental Beppu Resort & Spa to Open in 2019 Marking Japan's First Luxury Onsen Resort
IHG to Launch New Midscale Brand With Details to Be Revealed Later This Year
IHG and Pro-invest to Bring Holiday Inn Express to the Heart of Melbourne with 2020 Opening of Holiday Inn Express Melbourne Little Collins
IHG Reports Q1 2017 Global Comparable RevPAR Increased 2.7%; Enhanced Global Scale 3.4% by Opening 7K Rooms
Richard Solomons, IHG's Chief Executive Officer to Retire and to be Succeeded by Keith Barr, Chief Commercial Officer
IHG and Graves Hospitality Reach Construction Milestone at InterContinental Hotel Coming to Minneapolis-St. Paul International Airport
IHG Signs with Grucaba SAC for New-Build Holiday Inn Property in Lima, Peru
IHG Notifies Guests of Payment Card Incident at IHG-Branded Franchise Hotel Locations in the Americas Region
IHG® Appoints Rajit Sukumaran as Chief Development Officer in AMEA
IHG Signs with VHM Hotel Management to Develop Holiday Inn Warsaw West Station in Poland
IHG Signs Eight New Holiday Inn & Holiday Inn Express Hotels to the Brand Family in Germany
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
Please login or register to post a comment.