Indian Hotels Company Ltd (IHCL) and Adani Airport Holdings Ltd (AAHL) signed an agreement on Thursday covering eight hotels with more than 2,000 rooms across four cities. Ahmedabad: Ahmedabad will get two hotels under the Taj and Vivanta brands near the Sardar Vallabhbhai Patel International (SVPI) Airport.
Adani has set up Adani Airport City Ltd to develop a land bank of over 655 acres across six airports in five states. In the first phase, it plans to invest over Rs 20,000 crore to develop about 22 million sq ft across Ahmedabad, Mumbai, Navi Mumbai, Lucknow, Jaipur and Guwahati, with nearly 440 acres in Mumbai and Navi Mumbai. IHCL said the additions would take its portfolio to 25 hotels across its brands at key airports in India.
You Can Also Check: Gold Rate in Ahmedabad | Silver Rate in Ahmedabad | Bank Holidays in Ahmedabad | Public Holidays in Ahmedabad | Ahmedabad AQI | Weather in Ahmedabad | Petrol Price in Ahmedabad | Diesel Price in Ahmedabad | CNG Price in Ahmedabad | LPG Price in Ahmedabad Stay updated with the latest Ahmedabad news.
AAHL director, Jeet Adani, said, “The company aims to develop integrated destinations around its airports, combining hospitality, business, retail and leisure facilities. Both Ahmedabad properties are in advanced stages of construction. The agreement also includes three hotels in Guwahati, two in Lucknow and one in Mumbai, expanding IHCL’s presence in Adani’s airport-linked developments. The deal is part of Adani’s plan to build integrated airport cities. AAHL will develop the properties, and IHCL will operate them. The eight-hotel portfolio includes three Taj hotels, two Vivanta hotels, one Gateway hotel and two Ginger hotels. Download the TOI App.