Holiday Inn hotels set to foray in Bengal with Jain group

Global hospitality major, InterContinental Hotels Group (IHG), owners of the Holiday Inn brand, will foray into West Bengal shortly joining hand with the city based Jain Group.
Jain group will promote three Holiday Inn hotels in Kolkata, Siliguri and Durgapur within the next two years at an investment of Rs 300 crore.
"We are pleased to join hands with IHG for management contract of these three hotels, 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 Rs 300 crore in developing the properties," Jain Group Vice President Shrayans Jain said here today.

"The Holiday Inn, Kolkata is expected to be operational by the end of this year," he said.
"It is a significant milestone for us today as IHG marks its entry into the eastern part of the country. We have 18 hotels in India and another 46 hotels are in pipeline over next some years," Douglas Martell, Vice President (Operations) south-west Asia, IHG told reporters.
"We have commenced work for all the three properties. While the Kolkata hotel will be the first Holiday Inn in the city, the Siliguri and Durgapur hotels will bring international level of hospitality services for the first time to these cities in the next two to three years," Jain Group Executive Director Rishi Jain said.

He said one more hotel is been proposed at Rajarhat, Kolkata in budget category with Best Western brand.