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IHG Plans Luxury Hotel Expansion Across India by 2030
InterContinental Hotels Group, or IHG, is planning to build many more hotels in India.
Its first Kimpton hotel in India is planned for Jaipur and is expected to open in 2030.
The project is being developed with the Adani Group.
IHG wants to have 400 hotels open or being built in India by 2030.
It currently has seven brands in the country and hopes to have at least 12.
The company is also considering Kimpton hotels in Mumbai, Mangalore and Thiruvananthapuram.
IHG wants to bring other luxury brands, including Indigo and Regent, to India.
It says younger hotel guests may increasingly value sustainability, technology, personalisation and interaction.
The company is also expanding more affordable Holiday Inn hotels in several Indian locations.
InterContinental Hotels Group will open India’s first Kimpton property in Jaipur in 2030 with the Adani Group.
IHG aims to have 400 hotels open or in development in India by 2030, across at least 12 brands.
The company is considering Kimpton projects in Mumbai, Mangalore and Thiruvananthapuram.
IHG has about 14 InterContinental hotels under construction in Indian metros and resort destinations.
The group also plans to expand accessible Holiday Inn properties as commercial, leisure, spiritual-tourism and transit markets grow.
- Who
- InterContinental Hotels Group, led in the region by managing director Sudeep Jain, is expanding with partners including the Adani Group.
- What
- IHG is planning a major expansion of its Indian hotel portfolio, including the country’s first Kimpton property and additional luxury, lifestyle and mid-segment hotels.
- Where
- Across India, including Jaipur, Mumbai, Mangalore, Thiruvananthapuram, Delhi, Hyderabad, Bengaluru, Chennai, Kodaikanal, Kasauli, Goa, Mandi, Alwar and Sriperumbudur.
- When
- The Kimpton Jaipur hotel is scheduled to open in 2030; IHG’s broader target is 400 Indian hotels by 2030, with several other properties opening from 2029 onward.
- Why
- IHG cites India’s growing middle class, economic growth, expanding infrastructure, rising tourism and stronger demand across luxury, leisure, commercial and transit markets.
Key facts
- IHG India target
- 400 hotels open or in the pipeline by 2030
- Current Indian brands
- Seven
- Planned Indian brands by 2030
- At least 12
- First Kimpton in India
- Jaipur property planned for 2030
- Kimpton locations under consideration
- Mumbai, Mangalore and Thiruvananthapuram
- InterContinental properties under construction
- Around 14 in India
- South-west Asia portfolio
- Around 60 operating properties and nearly 130 under construction
- Holiday Inn projects
- Properties are planned or under development in Sriperumbudur, Goa Kadamba, Mandi and Alwar
Quotes
Sudeep Jain
Managing director for south-west Asia at InterContinental Hotels Group
“Our strategy is very clear. We need to grow aggressively in our core brands, introduce new brands to India when required, evolve with the market and bring new products into the country.”
financialexpress.com
“We would also like to bring Indigo and Regent to India because I think both have significant potential.”
financialexpress.com
Sources
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