IHG has announced the debut of its 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, the hotel is expected to be operational in the first quarter of 2023. Debuting in the ‘Silicon Valley of India’, Bengaluru, which is also recognised 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.
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 travellers 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.”
