IHG to have 47 properties in India
IHG has signed 13 new hotels in India, boosting its existing pipeline in the country to 47. The announcement was made as Jan Smits, Chief Executive Officer for IHG in Asia, Middle East and Africa (AMEA), took part in a trade mission to India with British Prime Minister David Cameron to boost trade ties between the two countries.
Smits said, “India is an extremely important market for IHG. We have our second largest pipeline in Asia-Pacific here after China. With international tourism increasing year on year and the continued strength of domestic tourism, we see incredible opportunities for growth.”
Prime Minister Cameron said, “The big expansion of InterContinental Hotels Group across India showcases their ability to compete in the global race and will help safeguard several hundred jobs in the UK.”