Restaurant India News: IHG Expands India Portfolio with InterContinental Eros New Delhi Deal

In a strategic move to deepen its luxury footprint in India, IHG Hotels & Resorts has signed a management agreement with Eros Group to relaunch the iconic property in South Delhi as InterContinental Eros New Delhi Nehru Place. The 216-key hotel is expected to reopen under the InterContinental brand following a renovation slated for completion in 2029.

This development reflects IHG’s ongoing focus on scaling its luxury and lifestyle portfolio in high-demand urban markets. The property, located in Nehru Place, sits within one of the capital’s most active business districts, making it a commercially viable addition targeting both corporate and leisure demand.

InterContinental Hotels & Resorts, positioned as one of the largest international luxury hotel brands globally, currently operates over 237 hotels with more than 102 in the pipeline. In India, the brand has been expanding across metro cities while also tapping into leisure destinations such as Kasauli and Kodaikanal, aligning with changing travel patterns.

Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, said, “We are delighted to once again partner with Eros Group (Nehru Place Hotels Private Limited) to bring our global luxury brand, InterContinental to the national capital. South Delhi’s blend of corporate offices, embassies, and landmark attractions makes it an ideal location for a hotel of this caliber. Further strengthening our existing association with Eros Group, we look forward to creating a destination that supports both business and leisure demand while offering a luxury hospitality experience to our discerning guests.”

He further added, “Delhi is one of the most stable hospitality markets in the country and is characterized by a robust occupancy and ADR. With InterContinental Eros New Delhi Nehru Place, we will be positioned to strengthen our presence in one of India’s most vital economic hubs and deliver world-class hospitality.”

The hotel is expected to offer a full-service luxury setup, including multiple dining formats, a ballroom, meeting spaces, and wellness facilities. Its proximity to Nehru Place Metro Station and connectivity to Indira Gandhi International Airport within 30 - 35 minutes strengthens its positioning for business travellers. Additionally, nearby attractions such as the Lotus Temple and Kalkaji Mandir add to its leisure appeal.

Satish Sood, Managing Director, Eros Group (Nehru Place Hotels Pvt. Ltd.), added, “We are proud to further strengthen our existing relationship and again partnering with IHG Hotels & Resorts to bring the InterContinental brand back to this iconic site. We are confident the hotel will be a great success - InterContinental Hotels & Resorts is a true industry leader in luxury hospitality that resonates with discerning travelers all over the world. Additionally, we are certain leveraging IHG's enterprise systems and loyalty program will maximize returns and strengthen our competitive advantage. This partnership aligns with our long-term vision of developing landmark hospitality assets in India’s most dynamic cities, and we look forward to welcoming our guests as we open doors as “InterContinental Eros” hotel.”

The property has undergone multiple brand transitions since its launch in 1996, including a previous stint under the InterContinental flag before operating independently as Eros Hotel New Delhi. Its re-entry into the IHG system signals a broader trend of asset repositioning through global brand affiliations to drive higher yields and brand recall.

IHG currently operates 51 hotels across six brands in India, including Six Senses, InterContinental Hotels and Resorts, Crowne Plaza, voco, Holiday Inn Resort and Holiday Inn Express. With 89 hotels in the pipeline, the company is targeting over 400 open and in-development properties in the country over the next five years, indicating an aggressive expansion strategy in one of its key growth markets.