IHCL Expands with New Gateway Hotel in Pune
Indian Hotels Company Ltd (IHCL) announced a new 180-key hotel in Pune, under the Gateway brand, as part of a greenfield mixed-use development. The expansion aligns with IHCL's strategy to grow in urban clusters, according to Executive Vice President Suma Venkatesh.
- Country:
- India
Indian Hotels Company Ltd (IHCL) has unveiled plans for a new 180-key hotel in Pune, under the Gateway brand. This initiative is part of a greenfield mixed-use development project.
The move signals IHCL's commitment to enhancing its presence in high-growth urban areas, stated Suma Venkatesh, the company's Executive Vice President for Real Estate and Development.
The signing of the Gateway Bibvewadi Pune is a strategic decision by IHCL to expand its footprint, catering to increasing demand in bustling urban markets.
(With inputs from agencies.)
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