InterContinental Hotels Group (IHG) and Regal Emporia Infratech have signed a management agreement for Holiday Inn Greater NOIDA West in India.
The hotel will have 140 rooms and is scheduled to commence operations in the first quarter of 2023.
It is located on the 100ft arterial road called NOIDA – Greater NOIDA Link Road, linking it to the commercial and residential projects nearby.
The road connects to Delhi, NOIDA & Greater Noida. The hotel is one hour of drive away from the new Jewar Airport in Indian state Uttar Pradesh.
This development is expected to boost the presence of the brand in the National Capital Region (NCR).
IHG South West Asia MD Sudeep Jain said: “Strengthening the presence of our well-recognised brand, Holiday Inn in the country, we are delighted to sign an agreement with Regal Emporia Infratech Private Limited for Holiday Inn Greater NOIDA West.
“The strategic location presents a great business opportunity for us to make a mark in the latest urban centre of Uttar Pradesh.
“With the presence of large residential and commercial catchment around the location, the new hotel will serve as an ideal destination for local corporate meetings, social gatherings, besides offering quality accommodation for discerning travellers visiting the city.
“The latest development in our portfolio is a testimony to our growth plans for the NCR region and we are committed to continue with the momentum.”
The hotel features well-appointed rooms, two food and beverage outlets, a bar, a lobby lounge, an outdoor pool, and a gymnasium among other facilities.
It will also provide meeting and banqueting space spread over an area of 10,000ft2, which is expected to address the increasing demand from MICE and corporate segments.
The hotel is a part of Boulevard Walk, which is a mixed-use development by Home & Soul.
Earlier this month, IHG and real estate developer Siamese Asset signed a franchise agreement for Crowne Plaza Bangkok Rama 9 hotel.