IHG Hotels & Resorts has entered a management agreement with Haware Engineers & Builders to introduce its Holiday Inn Express & Suites brand in Pen, Maharashtra, India.
Expected to commence operations in the first quarter of 2028, the hotel will add 126 rooms to IHG’s portfolio in the state.
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Haware Lotus Hotels chairperson and director Ujjwala Haware said: “We are pleased to partner with IHG Hotels & Resorts to bring Holiday Inn Express to Pen. With its proximity to major industrial hubs, the hotel is well-positioned to cater to a diverse segment of travellers.
“Together with IHG’s global expertise and our local insights, we look forward to creating a world-class stay experience in this emerging business destination.”
IHG’s Holiday Inn Express portfolio has more than 3,200 hotels worldwide.
The upcoming property in Pen, an industrial hub within the Raigad district, is poised to cater to the Mumbai Metropolitan Region (MMR), offering amenities such as a dining venue, banquet, meeting spaces, and a fitness centre.
The hotel is designed for business travellers.
IHG Hotels & Resorts South West Asia managing director Sudeep Jain said: “We are delighted to debut the Holiday Inn Express brand in Pen, offering travellers smart, simple stays. With its strategic location, the hotel will provide easy access to key destinations, making it an ideal choice for business travellers.
“We reinforce our commitment to strategically expanding in high-demand and emerging markets across India. Holiday Inn Express continues to be a globally trusted brand, and with this latest signing, we aim to meet the rising need for quality accommodation in Maharashtra’s industrial corridors.”
IHG’s current Indian portfolio includes 47 hotels across six brands, with a pipeline of 60 hotels slated to launch in the next three to five years.
This expansion includes the upcoming introduction of a new Holiday Inn Resort in Maharashtra, following a management agreement signed with XECO Media in December 2023.
The property is expected to open in Karjat in 2027.
