Indian Hotels Company Ltd (IHCL), the hospitality arm of the Tata group, has signed a new Vivanta hotel in Greater Noida. The company has partnered with realty player Mahagun Group for expanding its presence in Greater Noida. The hotel is slated to open in 2023.
Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, "One of the most modern cities in India, Greater Noida is a commercial hub with the presence of some of the world's largest international companies. This signing is aligned to Aspiration 2022 with its focus on aggressive domestic growth."
The new Vivanta branded hotel, comprising of 261 rooms, is a greenfield project. It will be a part of the landmark Mahagun Marina Walk, a large mixed-use project with destination retail and commercial spaces.
With this new hotel addition, IHCL will have a portfolio of 17 hotels across brands in the National Capital Region with an inventory of more than 2,600 rooms.
Amit Jain, Director of Mahagun Group, stated, “We are proud to partner with The Indian Hotels Company Limited for a Vivanta branded hotel. It is befitting that one of the first hotels to come up in this part of Greater Noida is in association with the pioneers of Indian hospitality.”
