IHG Hotels & Resorts, British multinational hospitality company based in Windsor, England, UK, has signed a management agreement with Thanishq Grande Hotels & Resorts, a hospitality company headquartered in Bengaluru, to develop a 200 - room Holiday Inn hotel in Sriperumbudur, a municipality located on the National Highway 4 in Kanchipuram district of the Indian state of Tamil Nadu, 40 kilometres of the capital city of Chenna.
Sriperumbudur is a significant pilgrimage site, the birthplace of the Hindu saint Ramanuja and a major industrial hub, renowned for being a key manufacturing centre with several companies, specializing in automotive, electronics, and engineering sectors, boasting a relevant industrial area includes Software Technology Parks and the Aerospace Park at Vallam Vadangal. Growth, and several logistics and warehousing companies that contribute to sustained demand for branded hospitality in the region.
The development of Holiday Inn Sriperumbudur marks the third hotel signing between IHG Hotels & Resorts and Thanishq Grande Hotels & Resorts.
The project aims to address demand in a region experiencing growth in industrial and commercial activity. Sriperumbudur benefits from its proximity to Chennai port, its location along the Chennai Bengaluru highway, and ongoing infrastructure development.
The property scheduled to open in Q1 2029 will feature 200 comfortable guest rooms subdivided in standard rooms and suites, three dining options, a swimming pool, a fitness centre, and a ballroom suitable for conferences and social gatherings.
The hotel will join The hotel will join the Holiday Inn brand, a well known, full - service brand focused on family - friendly and business travel. These properties designed to offer a reliable, comfortable experience include the “Open Lobby” concept, on - site restaurants, swimming pools, 24 - hour fitness centres, and meeting spaces.
IHG Hotels & Resorts currently operates 51 hotels across six brands in India, such as Crowne Plaza, Holiday Inn Express, Holiday Inn Resort, InterContinental Hotels and Resorts, Six Senses, and voco Hotels. The company has a pipeline of 89 hotels expected to open in the next three to five years.
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