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IHG Hotels & Resorts has signed a management contract with Yashvi Greenco LLP to operate a 110-key Holiday Inn Express hotel on Gauravpath in Surat, Gujarat. Scheduled to open in 2029, this will be IHG's first property in Surat, expanding the company's footprint in India's high-growth secondary and emerging commercial cities. IHG currently operates 51 hotels across six brands in India and has a development pipeline of 89 hotels expected to open over the next three to five years. The company emphasised India as a strategic growth market for its ongoing expansion plans in both primary and secondary cities.
IHG Hotels & Resorts on Monday announced the signing of a management agreement with Yashvi Greenco LLP to introduce a 110-key Holiday Inn Express hotel on Gauravpath in Surat, Gujarat. The hotel is scheduled to open in 2029 and will be IHG's first property in the city.
Sudeep Jain, Managing Director, South West Asia at IHG Hotels & Resorts, stated that India remains a key strategic market for the company and that it plans to strengthen its presence in high-growth secondary and emerging commercial cities.
IHG currently operates 51 hotels across six brands in India and has a development pipeline of 89 hotels slated to open over the next three to five years. The company highlighted that the Surat project is part of its broader strategy to expand its footprint beyond major metropolitan centres, catering to growing demand in emerging urban markets.
The Holiday Inn Express Surat Gauravpath is being positioned to serve both business and leisure travellers, with facilities and services aligned with the brand's global standards. The management agreement confirms IHG's ongoing commitment to growth in India's hospitality sector.
Source - PTI
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