Daily Newsletter

07 February 2024

Daily Newsletter

07 February 2024

IHG to expand into northeast India with Holiday Inn signing

IHG has signed a management agreement with Yuvaan Developers Private Limited for the establishment of Holiday Inn Guwahati.

Luke Martin February 06 2024

In a move signalling its commitment to growth in secondary markets, IHG Hotels & Resorts has signed a management agreement with Yuvaan Developers Private Limited to establish Holiday Inn Guwahati in India’s northeast region.

Set to welcome guests in January 2028, the 150-key hotel marks IHG’s strategic foray into Guwahati, capitalising on the rising demand for branded accommodation in burgeoning destinations.

Guwahati is a growing economic and tourist hub with thriving Special Economic Zones, industrial sectors and attractions including tea gardens and wildlife sanctuaries. The city's allure extends to both business and leisure travellers, positioning it as a prime investment destination.

Modern amenities in a prime location

Strategically positioned along Azara Road for easy access from Guwahati Airport and the city centre, Holiday Inn Guwahati will feature modern guest rooms, three dining options, a fitness centre and a pool. The hotel will also cater to corporate and social gatherings with four meeting rooms and a banquet hall.

Sudeep Jain, managing director, southwest Asia, IHG Hotels & Resorts, expressed enthusiasm in a statement for introducing the globally renowned Holiday Inn brand to Guwahati.

“Guwahati is one of the fastest-growing cities in the northeastern part of the country and holds immense potential for trade, commerce and tourism. We are keen to leverage this growing demand and provide true hospitality to travellers visiting the city.

“We are strategically introducing our brands to newer markets to fill the need gap of quality branded accommodation".

Local insights and global expertise

Rahul Lohia, director, Yuvaan Developers Private Limited, emphasised the synergy between local insights and IHG's global expertise in creating a distinguished hospitality destination in Guwahati.

“Our local insights, combined with IHG's global expertise, will enable us to create a distinguished destination for travellers in this vibrant city. We are confident that Holiday Inn Guwahati will become a preferred choice for both business and leisure travellers visiting the region."

With 45 operating hotels and a robust pipeline of 45 more within the three to five years to 2028, IHG continues to bolster its presence in India across its diverse portfolio. This includes Six Senses, InterContinental Hotels and Resorts, Crowne Plaza, Holiday Inn Resort and Holiday Inn Express.

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