Moneycontrol PRO
HomeNewsBusinessIHG opens 7 more Holiday Inn Express hotels under partnership with SAMHI

IHG opens 7 more Holiday Inn Express hotels under partnership with SAMHI

IHG and hotel asset firm SAMHI had entered into a partnership in 2017 to rebrand 14 hotels with around 2,000 rooms, operating and under- construction in India, to Holiday Inn Express hotels.

February 27, 2019 / 13:43 IST
Representative image

Global hospitality major InterContinental Hotels Group (IHG) on Wednesday said it has opened seven more Holiday Inn Express hotels in the country under its partnership with SAMHI.

IHG and hotel asset firm SAMHI had entered into a partnership in 2017 to rebrand 14 hotels with around 2,000 rooms, operating and under- construction in India, to Holiday Inn Express hotels.

With this development, 10 Holiday Inn Express hotels from the IHG - SAMHI partnership are now open across the country, InterContinental Hotels Group said in a statement.

The hotels are in key cities of Pune, Hyderabad, Nashik, Ahmedabad and Bengaluru, it added.

IHG South West Asia Regional Vice President Vivek Bhalla said: "The brand has gained tremendous momentum in the country and we have also made significant progress towards our commitment to strengthen our midscale portfolio in India."

The company is confident that all newly opened Holiday Inn Express hotels will successfully cater to the needs of the modern business and leisure travellers, he added.

SAMHI Founder MD and CEO Ashish Jakhanwala said, "With the opening of 10 Holiday Inn Express hotels from the portfolio, across seven key markets, we are excited and 'more than ready' to empower our guests to achieve their travel goals."

As of December 2018, there are currently 2,726 Holiday Inn Express hotels open across the world, with another 784 in the pipeline.

PTI
first published: Feb 27, 2019 01:41 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347