InterContinental Hotels Group (IHG) signed a management agreement with New Delhi real estate developer Sikka to develop Crowne Plaza Taj Expressway Noida. This is part of Sikka’s plan to develop more than seven million square feet of real estate in the northern part of the country, spanning 12 projects across different cities.
The 150-room hotel will be a part of "The Downtown" development in Sector 98 Noida, a mixed-use development which also comprises corporate offices and retail spaces. The hotel is located near the Noida Golf Course Sector-34, and ten minutes from the Atta Market.
IHG has seven Crowne Plaza hotels open across India and another six due to open in the next three to five years. The new hotel, expected to open in 2018, will be the second IHG hotel in the city, joining Crowne Plaza Greater Noida which opened at the end of last year.
IHG currently has 19 hotels in India across four brands: InterContinental, Crowne Plaza, Holiday Inn and Holiday Inn Express. There are 46 hotels in the development pipeline, of which six are Crowne Plaza properties due to open in the next three to five years.