IHCL and AAHL partner for multi operating hotel agreement

Tata Group backed Indian Hotels Company (IHCL) and Adani Airport Holdings Limited (AAHL) have announced a multi-hotel operating agreement for eight hotels comprising over 2,000 rooms across Mumbai, Ahmedabad, Lucknow and Guwahati. The companies said the hotels will operate under Taj, Vivanta, Gateway and Ginger brands, creating 'differentiated' accommodation and hospitality experiences for business, leisure and transit travellers.

The partnership envisages development of hotels by AAHL which will be operated by IHCL under its multi-brand hospitality portfolio.

“As India strengthens its position as one of the world’s fastest-growing aviation markets, airport-centric developments are emerging as important commercial and hospitality hubs," said IHCL MD and CEO Puneet Chhatwal.


"Our partnership with Adani Airport Holdings Limited brings together two leading Indian companies with a shared vision to build India’s travel and tourism sector. With these additions, IHCL will have 25 hotels across its brandscape at key airports in India," he added.

AAHL has formed Adani Airport City Limited to develop a land bank of over 655 acres across six airports in five states, including nearly 440 acres in Mumbai and Navi Mumbai. In the first phase Adani Airport City will invest over Rs 20,000 crore to develop approximately 22 million sq. ft. across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.

Jeet Adani, director, Adani Airport Holdings Limited, said across the world, leading airports are evolving into integrated destinations that serve as catalysts for commerce, tourism and urban growth. "At Adani Airports, our ambition extends beyond operating airports to developing vibrant Airport Cities that bring together hospitality, business, retail and leisure, while enhancing the overall passenger and visitor experience," he said.

"Our partnership with IHCL is an important step in this journey, bringing together our hospitality-led mixed-use destinations and India’s leading hospitality company to create world-class hotels across key airport cities with its brands including the iconic Taj. Together, we aim to strengthen the hospitality ecosystem within our Airport City developments and contribute to the long-term economic growth of the regions we serve," he added.

The agreement encompasses three Taj hotels, two Vivanta hotels, one Gateway hotel and two Ginger hotels, providing hospitality offerings across multiple traveller segments. In Mumbai, the portfolio will include a Taj hotel under construction at Terminal 2 -Mumbai airport. In Lucknow, the development will comprise a Vivanta and a Ginger hotel. Ahmedabad will include a Taj and a Vivanta in advanced stages of construction, while Guwahati will feature a Taj, Gateway and Ginger.