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InterGlobe Hotels in partnership with Accor are pleased to announce the launch of their newest hotel in Goa – ibis Styles Goa Vagator.
The company -- a 60:40 joint venture between InterGlobe Enterprises Pvt Ltd and Accor Asia Pacific -- opened its new 'ibis Styles' hotel here and plans to open a new property under the 'ibis' brand in Mumbai by the end of next year, followed by the launch of a new hotel under the Novotel brand in Bengaluru early 2025.
InterGlobe Hotels, a joint venture between InterGlobe Enterprises and Accor Asia Pacific, plans to invest approximately Rs 550 crore to open two new properties in Mumbai and Bengaluru by 2025. The company recently launched an 'ibis Styles' hotel in Vagator and aims to open an 'ibis' brand hotel in Mumbai by the end of next year, followed by a Novotel brand hotel in Bengaluru in early 2025.
InterGlobe Hotels, established in 2004 to develop a network of 'ibis' hotels throughout India, Nepal, Sri Lanka, and Bangladesh, has committed an investment of Rs 6,000 crore across 30 hotels, he added. Get more Real Estate News and Business News on Zee Business.