IHG Group to launch hotel in Kolkata by Diwali

Image
Press Trust of India Kolkata
Last Updated : Aug 30 2016 | 8:42 PM IST
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.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 30 2016 | 8:42 PM IST

Next Story