InterContinental Hotels Group (IHG) plans to focus on the mid-scale hotel space in India. It has a pipeline of 47 hotels in India under various stages of development, the second-largest in the Asia-Pacific region after China.
At present, it has 13 hotels in nine cities under the InterContinental, Crowne Plaza, Holiday Inn and Holiday Inn Express brands.
Douglas Martell, Vice President - Operations, South West Asia, IHG, told Business Line,"We want to open 150 hotels across the country by 2020. Our expansion plans in India are focused on the mid-scale segment which for us is the Holiday Inn and Holiday Inn Express brands.
The Indian hotel market is being driven by the boom in domestic travellers with year-on-year double digit growth and 850 million domestic travellers and 6.3 million inbound tourists."
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