IHG partners Jain Group
Posted on Jan 29 2014 | IBNS
Kolkata, Jan 29 : InterContinental Hotels Group (IHG) has announced its partnership with real estate company, Jain Group to bring its hotel brand, Holiday Inn to West Bengal.
As a part of the agreement, the hotels will come up in Kolkata, Siliguri and Durgapur within the next two-three years.
The hotel will add to IHG's pipeline of Holiday Inn brand family hotels.
On announcement of the partnership, Douglas Martell, Vice President Operations, South West Asia, IHG said, "It is a significant milestone for us today as IHG marks its entry into the eastern part of the country. Holiday Inn as a brand focuses on needs of both the business and leisure travellers and we are confident that these hotels will address the increasing demands of today's consumers who are familiar with global standards of hospitality."
Commenting on the occasion, Shrayans Jain, Vice Chairman, Jain Group said, "We are pleased to join hands with IHG, one of the biggest hotel companies of the world, for our first venture into the hospitality sector, with the Holiday Inn brand. We are investing over 300 crores in developing the properties. The Holiday Inn, Kolkata is expected to be operational by the end of this year".
Rishi Jain, Executive Director, Jain Group said, "We have commenced work for all the three properties. While the Kolkata hotel will be the first Holiday Inn in Kolkata, the Siliguri and Durgapur hotels will bring international level of hospitality services for the first time to these cities. We look forward to the opening of the hotels as each of the three hotels are situated at premium locations and we are confident of their success."