Interglobe Hotels

InterGlobe opens boutique lifestyle hotel Miiro in Paris, Barcelona

InterGlobe Enterprises, the biggest shareholder of IndiGo airline, has opened its boutique lifestyle hotel Miiro in Paris and Barcelona and is looking to add more properties in Europe over the next couple of years, a top official said. Neena Gupta, CEO of Miiro, said Le Grand Hotel Carye in Paris opened in July and Borneta in Barcelona this month. The entry-level luxury lifestyle hotel brand will continue back-to-back launches into 2025 with London and Vienna. Templeton Garden in London, located in the leafy area of Earl's Court, will offer 156 rooms, complemented by a cafe-deli, a neighbourhood restaurant, a vibrant bar, and an outdoor F&B experience in an expansive garden oasis in the Spring of 2025, she said. The two hotels in Vienna, with their strategic location boasting over 200 rooms, will be the next destination for Miiro. With further openings planned for 2026, Miiro is poised to expand its footprint significantly. InterGlobe, which is the biggest shareholder in ...

InterGlobe Hotels to invest about Rs 550 cr on two new properties by 2025

InterGlobe Hotels will invest around Rs 550 crore to set up two new properties in Mumbai and Bengaluru by 2025, its President and CEO JB Singh said on Thursday. The company -- a 60:40 joint venture between InterGlobe Enterprises Pvt Ltd and Accor Asia Pacific -- opened its new 'ibis Styles' hotel here and plans to open a new property under the 'ibis' brand in Mumbai by the end of next year, followed by the launch of a new hotel under the Novotel brand in Bengaluru early 2025. "This (ibis Styles Vagator) becomes the 23rd ibis (property in India), but as a portfolio, we are at 28 hotels, with this and two to open (which are) under active development. The ibis in Mumbai will open sometime late next year and the Novotel in Bangalore within 2-4 months of that or early 2025," Singh told PTI here. He was responding to a query on the company's expansion plans. When asked about the investments in the two new properties, Singh said, "We will add 207 rooms in Mumbai at an ibis, which will hav

Hospitality firms look at one-time debt restructuring as moratorium ends

On account of being highly leveraged, 15 per cent of the total 160,000 rooms are at a risk of being shuttered forever according to hotel industry estimates

InterGlobe Hotels plans to invest Rs 700 cr in India, add 6 hotels by 2022

InterGlobe Hotels has already invested around Rs 2,000 crore in the portfolio of 'ibis' hotels so far, InterGlobe Hotels President and CEO J B Singh said

InterGlobe Hotels plans to invest Rs 10 billion, expand ibis hotels network

Singh said the company is looking at 18-19 new cities for an expansion besides building more hotels in its existing markets