IHG Hotels & Resorts has signed a management agreement with XECO Media to introduce a new Holiday Inn Resort in Maharashtra, India.

The 150-key resort is expected to open in 2027 in Karjat.

It will have an all-day dining, a bar, a lobby lounge as well as banqueting facilities, meeting rooms and a business centre for both social and corporate gatherings.

Among the other amenities to be provided at the property include a gym and an exclusive health club.

The property, situated equidistant from the two cities of Mumbai and Pune, intends to target adventure seekers, hikers, and leisure travellers.

The resort’s location will also provide guests access to caves, green valleys, temples, and more.

IHG Hotels & Resorts managing director for Southwest Asia Sudeep Jain said: “We are delighted to expand our essential brand Holiday Inn Resorts to Karjat, in partnership with XECO Media.

“We are confident that once opened, Holiday Inn Resort Karjat will be well received by travellers seeking quality branded accommodation with world-class hospitality.”

XECO Media CEO Naqisa Silva Choudhary said: “With this partnership, we will be able to leverage IHG's global expertise and benefit from the Holiday Inn brand family’s reputation as one of the most recognised brands worldwide, to offer comfortable and welcoming guest experience.

“Situated in a prime location and backed by IHG's technological prowess, and esteemed loyalty programme, we are confident that our resort will emerge as the preferred choice for discerning travellers once its doors open to guests.”

Last week, IHG signed a management agreement with A R Resorts & Hotels for the development of a voco-branded hotel in the Indian state of Punjab.

IHG currently operates 45 hotels under five brands across India and has an additional 45 hotels scheduled to open in the next three to five years.