IHG Group to launch hotel in Kolkata by Diwali

By: | Published: August 30, 2016 10:16 PM

International hospitality major InterContinental Hotels Group (IHG) is set to launch its first hotel under Holiday Inn brand in Kolkata before Diwali.

The mid-market luxury hotel will be operated by IHG that has joined hands with the city-based real estate developer Jain Group. (Source: Reuters)

International hospitality major InterContinental Hotels Group (IHG) is set to launch its first hotel under Holiday Inn brand in Kolkata before Diwali.

The mid-market luxury hotel will be operated by IHG that has joined hands with the city-based real estate developer Jain Group.

The ‘Holiday Inn Kolkata Airport’ is located close to City Centre II in New Town.

“It is positioned very close to the city airport and is expected to attract travellers in business and leisure segment. We are hopeful to attract tourists in the festive season this year,” said Rishi Jain, Executive Director, Jain Group.
It is the first hotel from airport while entering New Town, he said.

IHG has also tied-up with the Jain Group for two more hotels at Durgapur and Siliguri.

“Work is going on in our other two projects. Those projects will be of mixed development and hotels will be smaller (80-100 rooms) compared to our Calcutta property,” Jain said.

Jain group has invested close to Rs 160 crore in developing the property which will offer facilities of all day dining, speciality restaurant, bar, swimming pool, gymnasium, spa and 8,000 square feet of banqueting space.

Both IHG and Jain group stayed buoyant, though the number of rooms is expected to double by 2017 end in five star category alone.

“IHG has a strong sales and marketing initiatives utilising both technology as well as people to people contact. With the hotel’s location advantage and marketing initiatives, we are optimistic that there will not be any issues with occupancy,” said Kenneth Scott, General Manager, Holiday Inn Kolkata Airport.

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