The company continues to actively expand its mainstream portfolio catering to growing demand for branded hotels in tier II markets
New Delhi, 28th March, 2023: IHG® Hotels & Resorts, one of the world’s leading hotel companies has signed a management agreement with Amritsar Golden Hospitality LLP to develop the new Holiday Inn Amritsar Golden Temple in Punjab. Expected to open in Q2 2027, the newly built hotel will add 215 keys to IHG’s burgeoning portfolio in the city and strengthen its presence in the prime tourist destination of Punjab. This would be IHG’s third hotel in the city along with Holiday Inn Amritsar Ranjit Avenue and Holiday Inn Express Amritsar Golden Temple, which is scheduled to open in 2025.
Conveniently located in the heart of city centre and short walking distance from eminent spiritual site of Golden Temple, Holiday Inn Amritsar Golden Temple will benefit from excellent visibility and accessibility. Amritsar is one of the most popular tourist destinations and second largest city in Punjab, home to the world-famous Golden Temple, and a hub of textiles and handicrafts industries in India. Additionally, the hotel will be situated in close proximity of 2 km from the railway station and 13 km from the airport. Once opened, the hotel will be one of the most sought after branded accommodations, catering to all segments of leisure, spiritual and business travelers.
Holiday Inn Amritsar Golden Temple will feature well-equipped modern rooms and state-of-the-art facilities including all day dining, a lobby lounge, a swimming pool and a gymnasium. It will also have a 2000 sq. ft meeting room catering to the growing demand from MICE and social events, and will offer a comfortable stay experience enhanced through brand’s signature hospitality.
Commenting on the announcement, Sudeep Jain, Managing Director, South West Asia, IHG said, “We are delighted to partner with Amritsar Golden Hospitality LLP to bring our third Holiday Inn hotel in the city and strengthen our mainstream portfolio in Punjab. Amritsar is a hotspot pilgrimage centre due to the presence of Golden Temple. Rich in history, culture, food, and as a textiles’ hub, the city has a strong appeal for both leisure and business travelers. The introduction of Holiday Inn Amritsar Golden Temple at a sought-after location would be an excellent addition to the IHG portfolio in the region.
He further added, “In line with increasing demand, we recognize the growing potential of secondary markets in India and are strategically expanding our presence to fill the need gap of quality branded accommodation and unparalleled service. With the signing of Holiday Inn Amritsar Golden Temple, IHG aims to offer differentiated hospitality experience to guests coming in from all parts of the world”.
Tejinder Singh, Managing Partner at Amritsar Golden Hospitality LLP added, “We are thrilled to partner with an internationally and locally trusted hospitality brand like IHG to venture into our first branded hotel project. Holiday Inn is one of the most recognized brands across the world offering a consistent and comfortable experience. With a combination of an excellent location and IHG’s strength and scale of global systems, technology and loyalty programme, we are confident that the new hotel will be a popular choice when it opens its door to guests.”
IHG® currently has 47 hotelsoperating across five brands in SWA, including Six Senses, InterContinental Hotels and Resorts®, Crowne Plaza®, Holiday Inn® , Holiday Inn Resort® and Holiday Inn Express®, and a strong pipeline of 55 hotels due to open in the next 3-5 years.
Numbers as of December 31st, 2022.
About IHG Hotels and Resorts
IHG Hotels & Resorts [LON:IHG, NYSE:IHG (ADRs)] is a global hospitality company, with a purpose to provide True Hospitality for Good.
With a family of 18 hotel brands and IHG One Rewards, one of the world’s largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,800 in the development pipeline.
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InterContinental Hotels Group PLC is the Group’s holding company and is incorporated and registered in England and Wales. Approximately 325,000 people work across IHG’s hotels and corporate offices globally.
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