IHG debuts its global extended-stay brand, Staybridge Suites® in India
The company continues to build on its strong growth momentum in the country and strategically expand its brand portfolio across key cities
India, February 22, 2021: IHG Hotels and Resorts, one of the world’s leading hotel companies has announced the debut of its world-renowned extended-stay brand, Staybridge Suites® in India with the signing of Staybridge Suites Bengaluru Thanisandra. Signed as a management agreement in partnership with NR Greenwood Construction Pvt. Ltd, the hotel is expected to be operational in the first quarter of 2023. Debuting in the ‘Silicon Valley of India’, Bengaluru, which is also recognized as the second fastest-growing major metropolis in the country, the hotel is expected to benefit from the strong demand for extended stay branded hospitality options in the city, from domestic as well as international corporate travel segments.
Staybridge Suites is IHG’s upscale extended-stay hotel brand which offers amenities such as a fully equipped kitchen in suites, a dedicated outdoor space, daily complimentary hot breakfast with signature items and an evening social event three nights a week. The brand is thoughtfully designed with extended stay guests in mind.
A perfect destination for both business and leisure travelers, Staybridge Suites Bengaluru Thanisandra will offer a residential-style of hotel experience with 170 suites featuring kitchenettes and will be designed for multi-night business and leisure travelers looking to break from the travel norm while on the road, be it for days or even months at a time. Additionally, the hotel will feature two meeting rooms, a 300 sqm dining room, and will provide facilities such as a business center and a gym, with overall guest experience being enhanced through IHG’s signature hospitality.
Benefitting from a strategic location, the hotel will be in close proximity to the Manyata Tech Park which is one of India’s (and Asia’s) largest and fastest-growing IT-specific Business Parks, categorized under the Special Economic Zone & business zone, housing several fortune 500 companies. The prime location will contribute to the hotel emerging as an ideal choice for corporate travelers and its close proximity to the Kempegowda International Airport Bengaluru, UB City and MG Road will further add to the guests’ convenience.
Commenting on the debut of Staybridge Suites in India, Sudeep Jain, Managing Director, South West Asia, IHG, said: “We are delighted to expand our portfolio in the country and introduce our global long stay brand, Staybridge Suites, to the Indian market. The thriving corporate sector in Bengaluru and limited hospitality options for long-stay travelers present strong prospects for the success of the new hotel and will also pave the way for brand’s expansion in other cities.”
He further added “This latest development is testament to our continued commitment to grow our footprint in India by bringing the right brands to the right markets at the right time. We are pleased with the confidence our owners have placed in our business and brands, and we look forward to further strengthening our portfolio in the country to offer exceptional hospitality options to our guests.”
C Sridhar, Managing Director, NR Greenwood Construction Private Limited, added,” With this signing, we are pleased to venture into the Indian hotel sector and partner with a reputed hospitality player like IHG, which makes us confident in the success of this project. Bengaluru is the most sought-after destination in the corporate and IT landscape in India, and is therefore a perfect fit for a brand like Staybridge Suites. We are confident that the hotel will be well-received by the guests upon its opening in early 2023.”
IHG® currently has 42 hotels operating across five brands in SWA, including Six Senses, InterContinental Hotels and Resorts®, Crowne Plaza®, Holiday Inn® , Holiday Inn Resort® and Holiday Inn Express®, and a strong pipeline of 54 hotels due, to open in the next 2-3 years.
Numbers as of September 30th, 2020
About IHG®
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, voco™, Holiday Inn® Hotels & Resorts , Holiday Inn Express®, Holiday Inn Club Vacations®, avid™ hotels, Staybridge Suites®, Atwell Suites™, and Candlewood Suites®.
IHG franchises, leases, manages or owns nearly 6,000 hotels and 890,000 guest rooms in more than 100 countries, with approximately 1,900 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty programme, which has more than 100 million enrolled members.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. Approximately 400,000 people work across IHG’s hotels and corporate offices globally.
Visit www.ihg.com for hotel information and reservations and www.ihgrewardsclub.com for more on IHG Rewards Club. For our latest news, visit: https://www.ihgplc.com/en/news-and-media and follow us on social media at: https://twitter.com/ihgcorporate, www.facebook.com/ihgcorporate and www.linkedin.com/company/intercontinental-hotels-group.
About Staybridge Suites
About Staybridge Suites®: Staybridge Suites® is an all-suite hotel brand designed to meet the needs of extended stay guests seeking a break from the travel norm. The Staybridge Suites brand offers guests a hugely different travel experience, whether for business or leisure, with spacious suites, fully-equipped kitchens in each room and a free social happy hour. The brand has more than doubled in size over the past decade, with hotels open across the Americas, Europe and the Middle East. For more information about Staybridge Suites, visit www.StaybridgeSuites.com Find us on Twitter www.twitter.com/Staybridge, Facebook www.facebook.com/StaybridgeSuites or Instagram www.instagram.com/staybridge.
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