IHG has signed a management agreement with Bhumika Enterprises Private Ltd. for the Holiday Inn Udaipur Urban Square. The 195-room hotel will be the first Holiday Inn hotel in the city and is expected to open by 2022. The signing also marks IHG’s entry in Udaipur, a city that is experiencing an upswing in visitor arrivals.
The hotel will be an integral part of the upcoming Urban Square, an integrated hospitality, retail and entertainment destination that covers an estimated 1.8-million square feet. The development also features large banquet and conference facilities, commercial office spaces and studio suites. The hotel also will have 12,000 square feet of meeting space, including a ballroom that can accommodate up to 1,000 guests.
The hotel will be a 30-minute drive from the Maharana Pratap Airport and a 7-minute drive from the city center. Additionally, the hotel, located on NH8, is expected to attract travelers using the six-lane roads connecting Ahmedabad, Udaipur, Jaipur and Nathdwara, a popular religious destination.
According to Sudeep Jain, VP/development, Southwest Asia, IHG, “Urban Square is set to develop as a landmark destination for hospitality, retail and family entertainment in Udaipur and we are pleased to be a part of this prestigious development. Udaipur is one of the most sought-after destinations in India attracting domestic as well as international travelers, for leisure, MICE and weddings, and we are very excited to be establishing our presence in this growing market.
“The Holiday Inn brand family is our growth driver in the midscale hotel segment in India, and we have accelerated our expansion this year with a number of signings across the country.”