IHG Hotels Resorts to Expand India Presence to Over 400 Hotels in Five Years

IHG Hotels Resorts plans to significantly expand its presence in India, aiming for over 400 hotels open and in development within the next five years. The company, which currently operates over 50 hotels and has 80 under development, views India as a key growth market driven by strong domestic demand and favorable demographics. IHG will introduce new brands, including Vignette Collection, to cater to diverse market segments and owner needs.