This strategic expansion comes on the heels of a robust performance in 2023, during which IHG closed 13 deals across its luxury, premium, and essentials categories. The company's focus on midscale and upper midscale segments reflects its commitment to catering to diverse market demands.
In addition to strengthening its footprint in key markets like Gurgaon, Jim Corbett, Mumbai, Amritsar, and Goa, IHG aims to introduce more luxury brands such as Regent and Kimpton to the Indian market.
Haitham Mattar, Managing Director of IHG for India, Middle East, and Africa, highlighted the group's optimistic outlook, citing higher occupancies in IHG properties in India during the first quarter of 2022 compared to pre-pandemic levels in 2019.
Bu hikaye The Business Guardian dergisinin April 25, 2024 sayısından alınmıştır.
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Bu hikaye The Business Guardian dergisinin April 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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