IHG Hotels & Resorts and Saryu Properties & Hotels Pvt. Ltd. will work together to increase IHG's footprint in Mumbai. Voco Mumbai Powai Hotel & Convention Centre and Holiday Inn Express & Suites - Mumbai Powai are the two hotels in Mumbai that will be transformed into IHG-branded establishments. These hotels will open in the upcoming years to serve Mumbai's expanding hospitality industry. The action demonstrates IHG's dedication to offering a variety of lodging alternatives and supporting Mumbai's burgeoning hospitality sector. Additionally, it shows how optimistic the firm is about the city's future as a destination for tourists and business meetings.
IHG Hotels & Resorts, a renowned name in the hospitality industry, is poised for a significant expansion in the bustling city of Mumbai. This expansion comes as part of a strategic management agreement between IHG and Saryu Properties & Hotels Pvt. Ltd., a collaboration that aims to reshape the Mumbai hospitality landscape.
Under this agreement, two hotels in Mumbai will undergo a transformation and bear the IHG brand. These establishments, namely the Voco Mumbai Powai Hotel & Convention Centre and the Holiday Inn Express & Suites - Mumbai Powai, are slated to open their doors to guests in the coming years. The Voco Mumbai Powai Hotel & Convention Centre is expected to be ready by the financial year 2024-25, while the Holiday Inn Express & Suites Mumbai Powai aims to welcome guests in the financial year 2023-24.
This strategic move by IHG underscores the organization's commitment to addressing the growing demand in Mumbai's thriving hospitality sector. The IHG and Saryu Properties & Hotels collaboration represents a strategic effort to expand IHG's presence in India. By introducing its well-suited brands to specific markets, IHG aims to cater to diverse customer needs and preferences effectively.
IHG's strategic foray into Powai, Mumbai, through its Voco and Holiday Inn Express & Suites brands, is a testament to the organization's commitment to providing diverse accommodation options that align with the evolving needs of Mumbai's visitors and businesses. With these additions to its portfolio, IHG aims to elevate the guest experience while contributing to the growth and transformation of Mumbai's hospitality sector. This partnership underscores the confidence that both IHG and Saryu Properties & Hotels have in Powai's potential as a premier destination for travellers and business events in India.
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