Skip to content
Search

Latest Stories

IHG Launches Holiday Inn Express in India’s Gurgaon

World’s leading hospitality giant InterContinental Hotels Group (IHG) started the first Holiday Inn Express hotel in India’s Gurgaon jointly with hotel asset company SAMHI on Tuesday (04).

The newly inaugurated Holiday Inn Express Gurgaon Sector 50, the first Holiday Inn Express hotel in Gurugram. As a part of IHG’s partnership with SAMHI for a portfolio of 14 Holiday Inn Express hotels, this property will be the first to open its doors to guests on September 15.


Holiday Inn Express Gurgaon Sector 50 offers 205 intelligent, design-led, contemporary rooms, providing an inviting and efficient environment to the guests. For seamless connectivity, the hotel offers free high-speed internet in all rooms.

The launch also marked the unveiling of a new Holiday Inn Express brand campaign in India, centered around ‘More Than Ready’, a platform which aims to empower 25-35 years’ travellers, who as road warriors look for added advantages to accomplish their travel goals.

Vivek Bhalla, Regional Vice President, SWA, IHG said, “We are delighted to launch the first Holiday Inn Express hotel as a part of our partnership with SAMHI, an eminent player in the hospitality industry in India.”

“Our growth in India is fueled by the Holiday Inn brand family, and this partnership underscores our commitment to grow our midscale offering in the country. Holiday Inn Express is our fastest growing brand globally, and we see further opportunity in the South West Asia market to expand our footprint,” he added.

IHG and SAMHI entered a partnership in 2017 to rebrand 14 hotels (approximately 2000 rooms, operating and under construction) to Holiday Inn Express hotels. Creating a pan India presence, the hotels will be located across key cities in India such as Bengaluru, Mumbai, Ahmedabad, Hyderabad, Chennai, and Kolkata. The hotels under the portfolio are being renovated and upgraded with the latest design directives, to ensure the portfolio is fully representative of the Holiday Inn Express brand globally.

With its huge global presence, the hospitality giant, IHG franchises, leases, manages, and possess more than 5,400 hotels and 810,000 visitor rooms in around 100 countries, with nearly 1,800 hotels in its development pipeline.

More For You

BP-Reuters

Fourth-quarter profit dropped 61 per cent compared to the previous year, marking BP’s weakest results since Q4 2020, when the pandemic reduced global oil demand. (Photo: Reuters)

BP reports lowest quarterly profit in four years, plans strategy reset

BP reported a quarterly profit of £943 million on Tuesday, falling short of expectations and marking its lowest in four years.

The company said it plans a "fundamental reset" of its strategy, days after reports that Elliott Management had taken a stake in the oil major.

Keep ReadingShow less
Shein-Reuters

Shein had aimed to go public in London in the first half of this year, subject to regulatory approvals in the UK and China. (Photo: Reuters)

Shein cuts valuation to £40 billion for London listing

SHEIN is preparing to lower its valuation to around £40 billion for a potential initial public offering (IPO) in London, according to three Reuters sources familiar with the matter.

This is nearly 25 per cent lower than the company's 2023 fundraising valuation as it faces increasing challenges.

Keep ReadingShow less
Northern-Superchargers-Getty

Ben Stokes and Matthew Short of Northern Superchargers walk out to bat during The Hundred match between Manchester Originals and Northern Superchargers on August 11, 2024 in Manchester, England. (Photo: Getty Images)

Sunrisers Hyderabad to acquire Northern Superchargers in £100 million deal

INDIAN Premier League franchise Sunrisers Hyderabad is set to become the first full owners of an English Hundred team after agreeing to buy Yorkshire’s Northern Superchargers for a reported £100 million.

The Sun Group will be the third IPL-linked investor in the eight-team Hundred competition, following Reliance Industries, which owns Mumbai Indians, and RPSG, which runs Lucknow Super Giants.

Keep ReadingShow less
BT-Getty

A view of the British Telecom (BT) headquarters in central London. (Photo: Getty Images)

BT to remove diversity targets from manager bonuses

BT will remove diversity, equity, and inclusion (DEI) targets from its manager bonus scheme, replacing them with a measure of overall employee engagement.

The change, set to take effect in April, follows consultation with major investors and has received “strong support,” according to the company, The Telegraph reported.

Keep ReadingShow less
India's central bank cuts interest rates for first time since 2020

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.. (Photo credit: Reuters)

India's central bank cuts interest rates for first time since 2020

THE RESERVE BANK OF INDIA (RBI) reduced interest rates on Friday for the first time in nearly five years, citing concerns over economic growth despite inflation risks.

The central bank announced a 25-basis-point cut in the benchmark repo rate to 6.25 per cent, the rate at which it lends to commercial banks.

Keep ReadingShow less