SAMHI announces Rs 100 crore investment for renovating 10 Holiday Inn Express in India

IHG started its journey with SAMHI with the signing of 14 hotels within their India hotel portfolio to renovate and rebrand Holiday Inn Express on par with the global brand standards in November 2017. To achieve this target, SAMHI recently has announced an investment of Rs 100 crore. Pascal Gauvin, Managing Director, IMEA, IHG shared, “Our partnership with SAMHI and launch of the new Holiday Inn Express portfolio has given us a solid foothold in the mid-scale hotel segment in India. With the recent openings, we now have 27 operating hotels under the Holiday Inn brand family in the country, and a robust pipeline of 33 hotels due to open in next 2-3 years. Through this venture, we have realised that in a market like India, it is imperative to forge partnerships with partners such as SAMHI. Together we will continue to contribute by building a robust hospitality market in the country.”