Holiday Inn Express officially launched in India today with the opening of Holiday Inn Express Ahmedabad. The hotel, and a further 18 properties under the same brand, are being developed through a joint venture partnership between Duet India Hotels (DIH) who hold a 76% stake and IHG (InterContinental Hotels Group) who have a 24% equity stake.

Located in close proximity to the airport and city centre, the 173-room property answers the growing demand for smart travel, from independent and savvy travellers seeking comfort, convenience and value in key cities and leisure destinations around the world. With its streamlined operations Holiday Inn Express Ahmedabad focuses on providing guests with quality, well designed rooms, a core range of facilities and complimentary Wi-Fi and breakfast, allowing guests to make the most of their stay at competitive prices.

"We've identified a gap for quality mid-market hotels across the country and fulfilling the growing demands of these guests is our business focus. The mid-market hotel space in India offers a compelling investment proposition, with favourable demand-supply dynamics and an attractive build cost to operating returns equation."

"Our strategic partnership with IHG gives us with the platform to tap into the full potential of this opportunity. At Duet we concentrate on the property asset - using our expertise to find the right site and building the product. IHG then manage the operation of the hotels on our behalf. The strengths of our two organisations combined will ensure these hotels succeed," said Naveen Jain, President, Duet India Hotels.

DIH chose to invest in Holiday Inn Express because it is one of the largest and most recognisable hotel brands in the world with over 2,170 hotels around the globe. There are 37 Holiday Inn Express hotels across Asia Pacific and this will grow to nearly 100 over the next few years, making Holiday Inn Express one of the fastest growing brands in the region.

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