Adani Airport Holdings Ltd (AAHL), and IHG Hotels & Resorts, have signed a managed hotel portfolio agreement to develop five hotels across three locations.

The agreement will add close to 1,500 keys across multiple brands and locations, in line with IHG’s growth plans for India. 

The portfolio includes a Kimpton hotel in Jaipur as well as Holiday Inn, and Holiday Inn Express hotels within upcoming hospitality-led mixed-use developments as part of the Adani Airport cities. 

These hotels are planned across Navi Mumbai, Mangaluru, and Thiruvananthapuram. 

AAHL is also in advanced discussions with IHG to further expand this partnership.

Pranav Adani, director, Adani Enterprises Ltd (AEL) said, “As the Adani Group expands its presence across hospitality and airport-led urban infrastructure, our vision is to create world-class destinations that seamlessly integrate travel, stay and urban experiences around India’s rapidly growing aviation ecosystem.”

“We are building this platform in partnership with leading international hotel brands that bring global standards, operational excellence and scale,” he said. 

Sudeep Jain, managing director, South West Asia, IHG Hotels & Resorts, said, “The partnership with Adani Airport Holdings reflects the scale of opportunity we continue to see in India’s hospitality sector, particularly across gateway cities and airport-led developments that are witnessing strong demand from business, leisure and transit travellers alike.”

“With a mix of luxury, premium and essentials brands, this portfolio allows us to meaningfully strengthen our presence across high-growth markets across the country. This agreement also marks an important milestone for us with the introduction of Kimpton Hotels & Restaurants to India,” he added.