InterGlobe Hotels to build ibis property in Hebbal, Bengaluru
InterGlobe Hotels has concluded an acquisition of land in Hebbal, Bengaluru to build another ibis hotel in the commercial hub of the city. The land acquisition is part of a longstanding JV between Accor Hotels and InterGlobe Hotels established in 2004.
Currently, IGH has 15 ibis hotels operational in India with Ibis Pune Hinjewadi set to launch in December 2017 and Ibis Kolkata launching early in 2018. With seven hotels now under development and planning, IGH’s total inventory in India is projected to be 3,700 rooms by 2021.
Shwetank Singh, VP, development and asset management, InterGlobe Hotels and developers of IBIS Hotels, said, “We already have a key presence in the city with two properties operational – one in the City Centre and the other at Hosur Road. Over the past decade, with the development of large IT parks like Manyata and Karle along with various other standalone commercial buildings, Hebbal has grown into a self-sustaining metropolis and has undergone a makeover. With Hebbal, we now have 7 hotels in our committed pipeline and several other transactions in advanced stages of negotiations.”
The ibis Hebbal proposes to feature a 153-key hotel and over 250 square meters of meeting space. Strategically located opposite to the main gate of Manyata Tech Park and surrounded by some of the other key commercial developments of the region, the location is a preferred destination for business travellers to the region.