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