IHG Expands Punjab Portfolio with 350 Key Dual Hotel Signing

IHG Hotels & Resorts, a global hotel company has inked a management contract with NK Sharma Hospitality Pvt Ltd to establish two fresh hotels in the Chandigarh tri-city vicinity Crowne Plaza Chandigarh Zirakpur catering to the premium market, and Holiday Inn & Suites Chandigarh Zirakpur, part of the essentials collection.

These hotels are currently in the construction phase and are set to welcome guests in January 2027.

“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 partners NK Sharma Hospitality Pvt Ltd. The hotels’ strategic location along the NH22 and their easy accessibility to popular leisure destinations like Shimla and Kasauli will undoubtedly prove to be a significant draw for travelers across segments, both leisure and business.” said Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts.

Enhancing IHG's presence alongside Holiday Inn Chandigarh Panchkula and Holiday Inn Chandigarh Zirakpur, this double agreement will bolster the company's offerings in Punjab, introducing more than 350 rooms to its state portfolio.

It is situated in Zirakpur and forming a cluster, these upcoming hotels will be strategically positioned next to National Highway 22, which is one of India's busiest highways, drawing in travelers from nearby urban centers.

Upon their opening, both Crowne Plaza Chandigarh Zirakpur and Holiday Inn & Suites Chandigarh Zirakpur will be strategically positioned to offer extensive banquet facilities around 100,000 square feet of meeting space.

“We are delighted to further strengthen our partnership with IHG Hotels & Resorts through the expansion of Holiday Inn & Suites and to debut Crowne Plaza in Punjab. Building upon the success of Holiday Inn Chandigarh Panchkula, we have confidence that our partnership will prove to be fruitful, dedicated to providing top-quality hospitality to our guests. We look forward to harnessing the benefits of IHG’s global systems and robust loyalty program to maximize our mutual success.” said NK Sharma, Managing Director at NK Sharma Hospitality Pvt Ltd.

This positions them well to cater to the substantial demand for hosting weddings, conferences, and events from Zirakpur, Chandigarh, Mohali, Panchkula, and Dera Bassi. Moreover, being in proximity to Himachal Pradesh, Haryana, and Uttarakhand, the hotels will attract travelers seeking convenient stopovers during their leisure journeys.