Mumbai, Jun 2 (PTI) IHG Hotels & Resorts on Monday said it has signed a management agreement with Kevit Retreats for the development of 150-key Holiday Inn Express & Suites Pithampur in Madhya Pradesh.

The property is scheduled to open in the first quarter of 2028, the global hospitality company said in a statement.

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"The signing of Holiday Inn Express & Suites Pithampur reinforces our focus on tapping into new markets and bridging the gap for world-class branded hospitality experiences.

"Pithampur, located in Madhya Pradesh, has emerged as a key industrial powerhouse, particularly in the automotive and pharmaceutical sectors. We are pleased to partner with Kevit Retreats for this upcoming project," IHG Hotels & Resorts Managing Director - South West Asia, Sudeep Jain said.

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IHG currently has 50 hotels operating across six brands in India and a strong pipeline of 63 hotels due to open in the next 3-5 years.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)