IHG to double hotels in India as it bets on country’s growth

IHG to double hotels in India as it bets on country's growth IHG to double hotels in India as it bets on country's growth

TOKYO — IHG Hotels & Resorts will double its number of hotels in India to about 100 in the next few years, as the U.K.-based hotel chain bets on strong economic growth in the world’s most populous country.

“We will double [the number of hotels] in India but I think it’s going to go even more,” said IHG’s CEO Elie Maalouf in a recent interview with Nikkei Asia during a business trip to Asian countries including Japan, China and Singapore.