IHCL and Adani Airport Holdings Sign Agreement for Eight Airport Hotels with Over 2,000 Rooms Across Mumbai, Ahmedabad, Lucknow and Guwahati
Indian Hotels Company (IHCL) and Adani Airport Holdings Limited (AAHL) have signed a multi-hotel agreement to operate eight hotels in four Indian cities. The hotels will have over 2,000 rooms in total. They will be located at airport sites in Mumbai, Ahmedabad, Lucknow and Guwahati.
The portfolio has three Taj hotels, two Vivanta hotels, one Gateway hotel and two Ginger hotels. Mumbai will have a Taj hotel, which is under construction at Terminal 2 of Mumbai airport. Lucknow will have a Vivanta and a Ginger. Ahmedabad will have a Taj and a Vivanta, both in advanced stages of construction. Guwahati will have a Taj, a Gateway and a Ginger.
The hotels will offer accommodation, dining, meeting and event spaces, and wellness and recreational facilities.
AAHL has formed Adani Airport City Limited to develop an anticipated land bank of 655 acres across six airports in five states. This includes 440 acres in Mumbai and Navi Mumbai. In the first phase, Adani Airport City will invest an estimated ₹20,000 crore to develop about 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.
