Adani enters hospitality biz with IHG hotel pact for five hotels across four Indian cities

Mumbai: Adani Airport Holdings Ltd (AAHL) and IHG Hotels & Resorts have signed a management agreement to develop five hotels with nearly 1,500 rooms in four Indian cities, marking the Adani Group's formal entry into the hospitality sector.

The agreement includes properties in Jaipur, Navi Mumbai, Mangaluru and Thiruvananthapuram, integrating a mix of IHG brands within Adani's airport-led mixed-use developments. The portfolio will feature a Kimpton hotel in Jaipur, alongside Holiday Inn and Holiday Inn Express properties in other locations. The development is part of AAHL's plan to build airport cities that combine aviation, hospitality, retail and commercial infrastructure.

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The partnership paves way for the entry of IHG's luxury lifestyle brand, Kimpton Hotels & Restaurants, into the Indian market. The brand's debut reflects rising demand for premium lifestyle hospitality in India's fast-expanding travel market.

AAHL, India's largest private airport operator, manages eight airports and is developing large-scale airport city projects spanning more than 600 acres. These developments are aimed at creating integrated urban hubs that cater to increasing passenger traffic and the growing convergence of travel, business and leisure activities.

Executives from both companies highlighted the strategic importance of the collaboration.

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Adani Enterprises director Pranav Adani said the partnership aligns with the group's vision to build world-class destinations around airports, enhancing travel experiences while supporting long-term economic growth. He said the company is in advanced discussions with IHG to further scale the partnership.

IHG managing director for Southwest Asia Sudeep Jain said the deal reflected strong demand for hospitality across gateway cities and transit hubs.