IHG and Omaxe sign new Holiday Inn in New Chandigarh, India
Chandigarh - IHG (InterContinental Hotels Group), one of the world’s leading hotel companies and India’s leading premier real estate developer Omaxe, have signed an agreement for the new-build Holiday Inn New Chandigarh Sector 4B. The hotel will add to IHG’s strong pipeline of properties of the Holiday Inn brand family, which represent 85% of the hotel group’s growth in India.
Located within a 1,000 acre township known as Omaxe New Chandigarh, the 150-room hotel will be part of a mixed-use development which includes commercial, retail and residential establishments, answering to New Chandigarh’s demand for both business and leisure travel in the area. Aside from the high level of comfort that the international brand is renowned for, the city hotel will feature function areas, all day dining and specialty restaurants, and other recreational facilities.
Mr. Mohit Goel, CEO, Omaxe Ltd. said, “We are very pleased to enter into this agreement with IHG. Holiday Inn New Chandigarh Sector 4B will offer both business and leisure guests in New Chandigarh the international standard of accommodation and service that Omaxe has promised.”
Omaxe, one of the leading real estate companies in India, currently has a footprint in 9 states across 30 cities in India.
Douglas Martell, Vice President, Operations, South West Asia said, “New Chandigarh is a new eco-friendly township on the periphery of Chandigarh city with great potential for both business and residential demand. It is an ideal location for Holiday Inn in New Chandigarh and we are very much looking forward to our partnership with Omaxe in bringing our much-loved brand to life there.”
There are currently 1,217 Holiday Inn hotels and resorts around the world and 245 in IHG’s global pipeline.
Notes to Editors:
IHG (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of nine hotel brands, including InterContinental® Hotels & Resorts, Hotel Indigo® Hotels, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels and Resorts, Holiday Inn Express® Hotels, Staybridge Suites® Hotels, Candlewood Suites® Hotels, EVEN™ Hotels and HUALUXE™ Hotels & Resorts.
IHG manages IHG® Rewards Club, the world’s first and largest hotel loyalty programme with over 74 million members worldwide. The programme was relaunched in July 2013, offering enhanced benefits for members including free internet for Elites across all hotels, globally.
IHG franchises, leases, manages or owns over 4,600 hotels and 678,000 guest rooms in nearly 100 countries and territories. With more than 1,000 hotels in its development pipeline, IHG expects to recruit around 90,000 people into additional roles across its estate over the next few years.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales.
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