IHG® Hotels & Resorts, one of the world’s leading hotel companies, has announced the signing of a management agreement with Chentoor Hotels Pvt Ltd for the development of Holiday Inn Express & Suites Madurai. Partnership: IHG Hotels & Resorts signed a management agreement with Chentoor Hotels Pvt Ltd. Opening Timeline: Scheduled for early 2029. Capacity: 150 rooms, including 30 suites. Location: Near Madurai International Airport, strategically positioned to serve business, transit, and leisure travelers. Strategic Importance - Visitor Demand: Madurai welcomed 27 million visitors in 2024, driven by pilgrimage tourism (Meenakshi Amman Temple) and proximity to Rameswaram and Kanyakumari. - Economic Growth: Rapid expansion of IT/ITES hubs and industrial projects is boosting business travel. - Brand Fit: Holiday Inn Express, with its Generation 5 design, emphasizes smart, flexible spaces and consistent comfort—ideal for Madurai’s mixed traveler base. Leadership Comments - Sudeep Jain (MD, South West Asia, IHG): Highlighted Madurai’s cultural significance and growing economic role, aligning with IHG’s strategy to expand in high-growth micro-markets. - Chentoor Hotels Spokesperson: Emphasized confidence in IHG’s global systems and operating excellence to deliver a high-quality hospitality asset. Broader Context - IHG currently operates 51 hotels across six brands in India (including Six Senses, InterContinental, Crowne Plaza, voco, Holiday Inn Resort, and Holiday Inn Express). - Pipeline: 89 hotels expected to open in the next 3–5 years. This signing strengthens IHG’s footprint in Tamil Nadu and underscores Madurai’s growing role as both a cultural and commercial hub.
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