Currently, IHG has 46 hotels in India and 58 are in the pipeline. Globally, it has over 6,300 open hotels in over 100 countries, and more than 2,000 are in the development pipeline
Haitham Mattar, InterContinental Hotels Group's (IHG's) managing director for India, West Asia, and Africa talks about the state of the hospitality sector in India and the learnings over past 2 years
The company, whose brands include the Crowne Plaza, Regent and Hualuxe hotel chains, said 2020 was the most challenging year in its history as it reported a 52.5 per cent drop in revenue
WFH and travel paranoia during Covid-19 have lowered occupancy in these hotels, forcing them to offer alluring rates as low as Rs 5,000 a night with meals to leisure customers
In a Q&A, the Southwest Asia MD of the hotel chain says sentiment in the hospitality sector is improving with the reduction in the number of Covid-19 cases and vaccination drive
When you rebrand an existing hotel you have some challenges, said Pascal Gauvin, IHG Managing Director
Company to increase inventory by four times in 10 years in India
The company currently manages 27 hotels and another 42 are in the pipeline