IHG Hotels Targets 400 India Properties by 2030 Amid Expansion Drive | Quick Digest
IHG Hotels & Resorts plans a massive expansion in India, aiming to have 400 properties signed and in operation by 2030. This ambitious goal will more than triple its current portfolio of 130 hotels, driven by India's booming tourism and economic growth.
IHG targets 400 operational and pipeline hotels in India by 2030.
This expansion will more than triple IHG's current 130 properties.
Growth fueled by India's robust domestic tourism and economic growth.
IHG CEO Elie Maalouf sees India as a top-three global market.
Expansion includes luxury, premium, and mid-scale brands.
Vignette Collection brand set for India debut in early 2026.
IHG Hotels & Resorts has announced an ambitious strategy to significantly expand its presence in India, aiming to reach 400 properties signed and in operation by 2030. This aggressive plan represents a more than threefold increase from its current portfolio of approximately 130 hotels, which includes 50 operational properties and 80 in the development pipeline. The British hospitality giant views India as a crucial growth market, with CEO Elie Maalouf highlighting the country's potential to become one of IHG's top three global markets.
The expansion is primarily driven by India's rapidly growing hospitality sector, fueled by a post-pandemic surge in domestic tourism, corporate travel, and substantial government investments in infrastructure such as roads, railways, and airports. Favorable economic conditions, including sustained GDP growth and regulatory reforms improving the ease of doing business, are also contributing to a significant rise in travel demand. IHG's strategy encompasses a diverse portfolio, expanding across luxury, premium, and mid-scale segments. The company is set to introduce its Vignette Collection brand in India by early 2026, further strengthening its luxury and lifestyle offerings. Brands like Garner are also gaining traction, reflecting IHG's commitment to meeting evolving guest preferences and tapping into various market segments across India. This strategic push positions IHG to capitalize on India's burgeoning travel market and compete fiercely with other international rivals also expanding their footprints in the country.
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