IHG to triple Indian portfolio over the next 5 years
The group currently operates 51 hotels across six brands in the country.
IHG plans to triple its portfolio in India over the next five years, adding to its existing 50 hotels and 80 in the pipeline, comprising approximately 12,000 rooms.
The group currently operates eight brands in India including Six Senses, InterContinental, Crowne Plaza, voco, Holiday Inn, Holiday Inn Express, Garner, and Staybridge Suites, spanning luxury, premium, and midscale categories.
Holiday Inn and Holiday Inn Express together account for over 70% of IHG’s operating hotels in India. The Crowne Plaza brand also continues to grow and now represents around 25% of IHG hotels in development in the region.
IHG also announced the upcoming debut of the VIgenette Collection in India early this year, following a management agreement with Hanu Overseas signed on 19 January.
“India remains one of IHG’s most active markets, supported by an underpenetrated branded hotel landscape and strong demand across business and leisure segments,” Sudeep Jain, Managing Director for South West Asia at IHG Hotels & Resorts said.
“The introduction of Vignette Collection and rapid growth of the InterContinental and Crowne Plaza brands strengthens the offering across luxury and premium segments, complementing the strong performance of mainstream brands such as Holiday Inn and Holiday Inn Express that anchor scale in India,” he adds.
The group currently operates eight brands in India including Six Senses, InterContinental, Crowne Plaza, voco, Holiday Inn, Holiday Inn Express, Garner, and Staybridge Suites, spanning luxury, premium, and midscale categories.
Holiday Inn and Holiday Inn Express together account for over 70% of IHG’s operating hotels in India. The Crowne Plaza brand also continues to grow and now represents around 25% of IHG hotels in development in the region.
IHG also announced the upcoming debut of the VIgenette Collection in India early this year, following a management agreement with Hanu Overseas signed on 19 January.
“India remains one of IHG’s most active markets, supported by an underpenetrated branded hotel landscape and strong demand across business and leisure segments,” Sudeep Jain, Managing Director for South West Asia at IHG Hotels & Resorts said.
“The introduction of Vignette Collection and rapid growth of the InterContinental and Crowne Plaza brands strengthens the offering across luxury and premium segments, complementing the strong performance of mainstream brands such as Holiday Inn and Holiday Inn Express that anchor scale in India,” he adds.
