Real estate news on IHG ties up with Omaxe for 150-room hotel in New Chandigarh

Hotels and resorts, New projects, Chandigarh, InterContinental Hotels Group (IHG), Omaxe Limited
Posted on Sep 06, 2013

New Delhi: Global hospitality major InterContinental Hotels Group (IHG) on Monday said it has entered into an agreement with real estate firm Omaxe to open a 150-room hotel under its brand Holiday Inn in New Chandigarh.

The hotel would be located in the 1,000-acre township developed by Omaxe in Sector 4B of the New Chandigarh, which is near Chandigarh.

"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," said Douglas Martell, IHG Vice President, Operations, South West Asia.

Omaxe CEO Mohit Goel said: "The hotel will offer international standard of accommodation and service to both business and leisure guests in New Chandigarh."

The new hotel will be a part of a mixed-use development that includes commercial, retail and residential establishments.

In February this year, IHG had said it planned to open 47 new hotels in India by the end of 2017 and take its room strength to over 12,000 in the country.

IHG currently operates 13 hotels in nine cities across India, including Benguluru, Mumbai, Pune, Kochi, Jaipur, Ahmedabad and Delhi with a total of 2,334 rooms.

IHG is also operating 1,217 Holiday Inn hotels and resorts around the world.

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