- IHG and Adani signed a five-hotel deal.
- Kimpton brand to debut in Jaipur.
- AAHL plans to develop around 60 hotels in its airport network.
"We are in talks to deepen the partnership. AAHL has got many airports and many more hotels to build at those airports, and the existing ones,” Sudeep Jain, IHG’s managing director for South West Asia told ET. “They have publicly said they want to do 60 hotels. We have signed five. Not all will come to us, but we are certain we will do more together.”
The existing deal covers five hotels in key airport-linked and fast-growing urban markets, adding nearly 1,500 rooms to IHG's India portfolio. The lineup includes a Kimpton hotel in Jaipur, marking the brand's India debut, along with Holiday Inn and Holiday Inn Express properties tied to Adani's airport city developments in Navi Mumbai, Mangaluru and Thiruvananthapuram.
Jain pointed to IHG's presence around airports like Heathrow and Singapore's Changi as examples of what a strong airport hospitality cluster can look like. He added that India's growing airport infrastructure presents a similar long-term opportunity, particularly as new airport cities take shape around the country.
Beyond the current deal, IHG is also keeping an eye on land parcels opening up around the upcoming Jewar airport in Delhi NCR, where investor interest is building.
Jain said as more land parcels come up around Jewar airport and owners show interest, the company would like to be in that consideration set.
“Given the breadth of our portfolio, we could also look at other tier II, tier III and tier IV markets if there is demand," he said.
Separately, IHG signed a deal with Zon Hotels Mumbai Pvt. Ltd. to develop a 350-key InterContinental hotel in Mumbai’s Goregaon, set to open in early 2030.
