Commenting on the signing, Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, said, “The signing of this hotel further strengthens our presence in the strategically important state of Madhya Pradesh. Indore, its financial capital lies in proximity to major industrial hubs and is home to several large IT parks. With the addition of this hotel, IHCL will have three of its brands in the city, which is in line with its commercial potential. The hotel is slated to open this fiscal after the quick conversion. We are delighted to partner with Winway Group for this project.”
The 125-key hotel is in the heart of Indore’s commercial hub.
Sahil Wadhwani and Vansh Wadhwani, Partners, Winway Group, said, “We are delighted to bring the SeleQtions brand to Indore in partnership with IHCL. We believe this will transform the hospitality landscape in the city.”
Indore, on the banks of Kanh and Saraswati rivers is the most populous city in Madhya Pradesh. It has been consistently declared as India’s cleanest city. It is a major transit point for pilgrimage to Mahakaleshwar temple in Ujjain.
With this addition, IHCL now has ten hotels in Madhya Pradesh, including three still under construction, under the Taj, SeleQtions, Vivanta, and Ginger brands.