Holiday Inn Express - the 136 room property at the Old Mahabapalipuram Road was formally opened here today. It is owned by Duet India Hotels and managed by the hospitality major InterContinental Hotels Group.
"We have acquired nine hotel assets with 1,586 rooms, out of these six hotels with 1,012 rooms were already operational including four Holiday Inn Express, three are under various stages of development," Duet Hotels' President, Naveen Jain, told reporters here.
"Our initiative to drive foreign investment in the hospitality sector into India is proving to be quite successful. This is also a vote of confidence by the investing community on the team's rich hospitality experience," he said.
"The Holiday Inn Express brand is our biggest growth engine and we open on average two Holiday Inn Express Hotels per week globally," he said.
At present, there are 2,400 Holiday Inn Express hotels globally and it is planning to add another 600 hotels, he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
