- Category: Market
- Published on Thursday, 29 November 2012 17:11
REEMA LOKESH - Ahmedabad
The Indian hospitality industry has witnessed a new joint venture partnership in the recent times between Duet India Hotels (DIH) and IHG (InterContinental Hotels Group). The partnership will witness the opening up of 19 Holiday Inn Express hotels with the first already being launched in Ahmedabad recently.
DIH holds 76 per cent stake and IHG has 24 per cent equity stake in this partnership. Naveen Jain, president, Duet India Hotels said, “We are totally focussed towards making this brand a success in India. We have got the right partners and together we are committed to provide the consumer a smart hotel with all the right needs for the business traveller.”
Reiterating the company’s faith in the India market and its launch in Ahmedabad, Dougles Martell, VP operations, South West Asia, IHG, added, “We found the city right for the brand and are confident that the clients will value the service the brand provides, namely free WiFi across the hotel, free breakfast, good sleep and shower facility. We are committed to India and have great partners in the India market.”