Mumbai: Adani Airport Holdings has signed a deal with IHG Hotels & Resorts for developing five hotels across -- Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region (MMR) -- ”and is in advanced discussions with the British multinational hospitality firm to further deepen and expand this partnership, the company said.
The agreement will add close to 1,500 keys across multiple brands and locations, in line with IHG's growth plans for India, Adani Airport Holdings Ltd (AAHL) said.
The pact also marks IHG's luxury lifestyle boutique brand, Kimpton Hotels & Restaurants' debut in the domestic market.
AAHL, the largest private airport operator in the country, currently operates Mumbai, Navi Mumbai, Ahmedabad, Jaipur, Lucknow, Guwahati, Mangalore and Thiruvananthapuram airports.
The portfolio includes a Kimpton hotel in Jaipur as well as Holiday Inn, and Holiday Inn Express hotels within upcoming hospitality-led mixed-use developments as part of the Adani Airport cities.
"As the Adani Group expands its presence across hospitality and airport-led urban infrastructure, our vision is to create world-class destinations that seamlessly integrate travel, stay and urban experiences around India's rapidly growing aviation ecosystem," said Pranav Adani, Director, Adani Enterprises Limited (AEL).
These five hotels will be developed across Jaipur, Mangaluru, Thiruvananthapuram and the Mumbai Metropolitan Region (MMR).
"Our collaboration with IHG Hotels & Resorts, and the development of five hotels across key gateway destinations, marks an important step in strengthening high-quality hospitality infrastructure aligned with India's long-term travel and economic growth," he added.
The development aligns with rising travel demand and the rapid expansion of India's aviation, tourism and airport-led urban infrastructure sectors, AAHL said.
"The partnership with Adani Airport Holdings reflects the scale of opportunity we continue to see in India's hospitality sector, particularly across gateway cities and airport-led developments that are witnessing strong demand from business, leisure and transit travellers alike," said Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts.
With a mix of luxury, premium and essentials brands, this portfolio allows IHG to meaningfully strengthen its presence across high-growth markets across the country, he said.
IHG Hotels & Resorts currently operates 52 hotels across six brands in India and has a pipeline of 98 additional hotels expected to open over the next three to five years.
