Tag Archives: Sudeep Jain

Sudeep Jain, Managing Director, South West Asia, IHG, has said, “In Q2, 2022, our total revenue in India exceeded 2019 levels where occupancy levels jumped from 60% in Q1 to close to 75% in Q2 of 2022, demonstrating a 26% jump YoY for H1 of 2022, which was 2% ahead of 2019 levels.”

Sudeep Jain, MD, SWA, IHG Hotels & Resorts, has revealed that in the next 2-3 years, they plan to add another 52 hotels in South-West Asia, out of which 42 hotels will be added to their portfolio in India. “We also see potential of debuting our global brands such as Regent, Kimpton, Voco and the recently launched Vignette Collection, at the right time with the right partners, at the right location,” he claimed.

IHG Hotels & Resorts has signed a management agreement with Dinesh Kumar Choudhary (HUF) for a new hotel – Holiday Inn Express & Suites Jaipur Karoli Bagh located at Gopalpura Byepass, in the capital of Rajasthan. The brownfield hotel featuring 141 rooms is expected to be operational by the first quarter of 2023. Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said, “We are thrilled to announce the signing of a new Holiday Inn Express & Suites hotel in Jaipur and solidify our presence in the state of Rajasthan. With a rich culture, history and cuisine, Jaipur is one of the most popular tourist destinations of India. With diverse guest profiles visiting the city, there is an increasing need for mainstream accommodation, and we are confident that Holiday Inn Express & Suites Jaipur Karoli Bagh will be a great choice for travellers looking for a simple and engaging hotel stay experience.

IACC-NIC will host the 2nd Indo-US Services Summit tomorrow, July 31, with a session on travel, tourism and hospitality scheduled from 2:00-3:00 pm. Titled ‘Living with COVID – Yesterday, Today & Tomorrow’ and moderated by Ajay Bakaya, MD, Sarovar Hotels, the Chief Guest for the session will be Tourism Secretary Arvind Singh. Also in attendance will be Ross R Belliveau (Commercial Attache US Embassy), Ragini Chopra (InterGlobe Enterprises), Jyoti Mayal (TAAI) and Sudeep Jain (IHG).

Sudeep Jain, Managing Director, South-West Asia, IHG Hotels & Resorts, has said that they have signed Holiday Inn Express & Suites in Jalandhar to strengthen their footprint in Punjab and Holiday Inn Express Pokhra Lakeside in Nepal. “We are optimistic about the year ahead and are in active discussions to meaningfully expand our presence across key markets in the country,” he added.

InterContinental Hotels Group (IHG) has signed a management agreement with Bhumika Enterprises for Holiday Inn Udaipur Urban Square. The 195-room hotel will be the first Holiday Inn hotel in the city and is expected to be operational by 2022. Boasting of an excellent location, Holiday Inn Udaipur Urban Square will be an integral part of the upcoming ‘Urban Square’, an integrated hospitality, retail and family entertainment destination spread over 1.8 million square feet. Sudeep Jain, Vice President—Development, South West Asia, IHG said, “We are delighted to partner with Bhumika Group to mark IHG’s debut in Udaipur, under the Holiday Inn banner. Urban Square is set to develop as a landmark destination for hospitality, retail and family entertainment in Udaipur and we are pleased to be a part of this prestigious development. The Holiday Inn brand family is our growth driver in the midscale hotel segment in India, and we have accelerated our expansion this year with a number of signings across the country.” Uddhav Poddar, Managing Director, Bhumika Group, said, “IHG is a leading hospitality player, globally and we are very pleased to partner with the company to launch Holiday Inn Udaipur Urban Square. We are confident that the Holiday Inn brand will further enhance the bouquet of services that the Urban Square has to offer to travellers.’’  

InterContinental Hotels Group (IHG) has signed a management agreement with Lotus Trans Travel to establish a four hotel portfolio under the Holiday Inn banner. Slated to open between 2020 and 2023, Holiday Inn Bodhgaya, Holiday Inn Kushinagar, Holiday Inn Gorakhpur and Holiday Inn Shravasti together will add over 450 rooms to IHG’s system and establish the company’s presence at the Buddhist tourism circuit. As a part of the agreement, Holiday Inn hotels in Bodhgaya, Kushinagar and Shravasti will be refurbished and upgraded to ensure the portfolio is fully representative of the Holiday Inn brand globally. Holiday Inn Gorakhpur will be will be a new build hotel. Bodhgaya in Bihar, Gorakhpur, Shravasti and Kushinagar in Uttar Pradesh are some of the main pilgrimage centres for Buddhism in India and together form a part of ‘The Buddhist Circuit’ in the country that drives a great deal of religious visitors and international travellers to these states. Sudeep Jain, Vice President—Development, South West Asia, IHG said, “We are excited to be collaborating with Lotus Trans Travel, who have a strong presence and a deep market understanding of Buddhist destinations in India. This signing adds to the rapidly growing presence of our well-recognised Holiday Inn brand across the country.” Karan Rai, Director, Lotus Trans Travel, added, “We feel there is a need for quality branded accommodation in cities with immense travel potential such as Bodhgaya, Kushinagar, Gorakhpur and Shravasti, and are delighted to be partnering with IHG for our business in these markets.”

InterContinental Hotels Group (IHG), has signed a management agreement with Hotel Marina Agra for Holiday Inn Agra MG Road. Expected to be operational in 2018, the 150-room hotel marks the company’s debut in Agra and also completes IHG’s presence in the Delhi-Jaipur-Agra Golden Triangle tourist circuit. Just 15 minutes’ drive from Agra Fort and Taj Mahal, Holiday Inn Agra MG Road offers stunning views of the Taj from the upper floors. Sudeep Jain, Vice President – Development, South West Asia, IHG said, “We are delighted to partner with Hotel Agra Marina to introduce our first hotel in Agra, under the Holiday Inn banner. With excellent location, facilities and best in class amenities, we are confident the hotel will be a great choice for varied guest profiles with diverse requirements. The Holiday Inn brand family is our growth driver in India, and this signing underscores our commitment to further strengthen our position in the midscale hotel segment.” Shashank Bhagat, Managing Partner, Hotel Marina, said, “We are delighted to partner with a strong, global player such as IHG to bring the Holiday Inn brand to Agra. We are assured that the hotel will benefit from the company’s robust distribution systems, top revenue management tools and best in class loyalty programme.” Situated on MG Road, the hotel is in close proximity to the business district and key government offices, making it an ideal choice for corporate travellers, as well.

InterContinental Hotels Group (IHG) has announced a partnership with SDB Developers to bring a second Holiday Inn hotel to Kolkata. As part of the agreement, the 110-room Holiday Inn Resort Kolkata NH6 will have 90 rooms operational by the end of 2018, with 20 additional rooms expected to be operational by 2020. Sprawling across 12 acres of land in Uluberia, a city that comes under the Kolkata Metropolitan Area, Holiday Inn Resort Kolkata NH6 is strategically located to offer excellent connectivity to central Kolkata. Well suited to cater to leisure, business and MiCE guests, the resort will be an hour’s drive from the City Centre and Netaji Subhash Chandra Bose International Airport. The resort will also be well connected to the National Highway and the Orissa Trunk Road. Commenting on the announcement, Sudeep Jain, Vice President – Development, South West Asia, IHG said, “The signing of Holiday Inn Resort Kolkata NH6 is in line with our strategy to grow our portfolio of midscale hotels in the country, comprising the Holiday Inn brand family. Given the location, facilities and best in class amenities that will be available at the resort, we expect strong demand from various guests’ segments including, leisure, MiCE, social events and weddings.” Pawan Bhimsaria, Director, SDB Developers said, “With IHG’s strong global and domestic track record, robust distribution systems and an excellent loyalty programme, we are confident Holiday Inn Resort Kolkata NH6 will be a popular choice amongst guests visiting and residing in the city.”

InterContinental Hotels Group has partnered with SAMHI to rebrand approximately 2000 rooms (operating and under construction) within its India hotel portfolio, to Holiday Inn Express® hotels. The recently signed portfolio comprises 14 hotels, including 10 open hotels across key cities such as Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, and Mumbai. The additional four hotels are under construction. The signing sees IHG grow its pipeline by 41 hotels, positioning IHG as one of the largest players in India’s growing midscale hotel market. All hotels in the portfolio will be closed while they are being refurbished and upgraded with the latest design directives, to ensure the portfolio is fully representative of the Holiday Inn Express brand globally. The hotels will feature the next-generation design, several additional public areas and feature brand hallmarks to enhance guest service delivery. Commenting on the announcement, Sudeep Jain, Vice President, Development, South West Asia, IHG said: “It is with great pride and excitement that we are announcing our partnership with SAMHI for conversion of their existing mid-market hotel portfolio in India to Holiday Inn Express. This is a significant move towards establishing IHG as a leading player in the midscale hotel segment in India, while we continue to build on our upscale and luxury offering in the country with InterContinental Hotels & Resorts and Crowne Plaza Hotels & Resorts.” Jain added: “With this signing, we now have close to 60 hotels open and in the pipeline, across the Holiday Inn Brand Family. SAMHI is keen to accelerate Holiday Inn Express’ highly efficient operating model and engage the brand’s growing familiarity in the country. Holiday Inn Express is the rest and go hotel brand that delivers a …