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Sunday, November 17, 2024

IHCL continues expansion in Indore with fifth hotel signing

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Indian Hotels Company (IHCL) has announced the signing of a fresh hotel venture in Indore, Madhya Pradesh. This brownfield project will bear the Vivanta brand.

Suma Venkatesh, Executive Vice President – Real Estate & Development at IHCL, commented, “This agreement aligns with IHCL’s goal of broadening its presence in key commercial centers. Indore, the financial hub of Madhya Pradesh, is strategically situated near major industrial zones and significant pilgrimage destinations. With this establishment, IHCL will venture into fresh micro markets within the city. We are pleased to collaborate with Amaltas Palace Private Limited on this hotel venture.”

Strategically positioned on 2.3 acres, the Vivanta Indore boasts 180 keys and is conveniently situated just a short drive from both the Devi Ahilyabai Holkar International Airport and the central business district. The hotel will encompass an all-day diner, a rooftop restaurant, and a bar. Guests can enjoy recreational amenities such as a swimming pool and a fitness center. Additionally, the hotel will provide over 10,000 square feet of banquet space suitable for sophisticated social gatherings and corporate functions alike.

Continue Exploring: IHCL aims for double-digit growth, eyes international expansion in FY25

Suresh Singh Bhadauria, Director of Amaltas Palace Private Limited, expressed, “We are delighted to partner with IHCL, the forefront leaders in India’s hospitality sector. This establishment will offer guests the unique experiences synonymous with the Vivanta brand in Indore.”

Situated along the banks of the Kanh and Saraswati rivers, Indore is a bustling city in Madhya Pradesh. Renowned for its cleanliness, it holds the title of India’s cleanest city. Additionally, it serves as a significant transit hub for pilgrimages to the Mahakaleshwar temple in Ujjain.

With this new hotel, IHCL’s presence in Madhya Pradesh will extend to 12 establishments, with an additional 4 currently under development.

Continue Exploring: Hotel giants bet big on India: Radisson, Marriott, Hilton, IHG, and Wyndham compete in intense race for expansion

SnackTeam
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