IHG Hotels & Resorts has signed a management agreement with NK Sharma Hospitality to develop two new hotels in the Chandigarh tri-city area—Crowne Plaza Chandigarh Zirakpur in the premium segment and Holiday Inn & Suites Chandigarh Zirakpur from the essentials collection. Currently under construction, both hotels are scheduled to open in January 2027. Commenting on the signings, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts said, “We are thrilled to expand our mainstream offering with another Holiday Inn hotel in Punjab in the vibrant locale of Zirakpur, and to introduce Crowne Plaza Chandigarh Zirakpur, alongside our longstanding partner NK Sharma Hospitality.”