Mumbai: Real estate major, Jain Group, in a tie-up with InterContinental Hotels Group (IHG), announced the opening of their first 5 star hotel in the city of joy Holiday Inn Kolkata Airport. Shrayans Jain, Vice Chairman, Jain Group; Rishi Jain, Executive Director, Jain Group; Shantha De Silva, Head of South West Asia, Intercontinental Hotels Group and Kenneth Scott, General Manager, Holiday Inn Kolkata Airport were present on the occasion. This signifies the debut of InterContinental Hotels Group (IHG) in Eastern India.

“We are delighted to announce the opening of Holiday Inn Kolkata Airport. The tie up with IHG, one of the biggest hospitality conglomerates of the world has helped us in developing the property. The investment for the hotel was around Rs 180 Cr along with employment generation of more than 150 people. West Bengal, being the gateway to the North East India, the hospitality sector is in an upward swing. We are very confident that our property will be doing extremely well in the city,” said Shrayans.

“The hospitality industry has emerged as one of the key drivers of growth among the services sector in West Bengal. Kolkata nationally has the highest percentage of occupancy as per the recently published HVS reports and there is a huge potential to explore in this market to contribute to the occupancy rate. Investment of major International players in the hospitality sector of West Bengal will also help to improve the economic condition of the state and also help to generate local employments. Being close to the airport will also be one of the major advantages for our hotel,” said Rishi Jain, Executive Director, Jain Group.

 

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