IHCL has signed a deal to establish a new 175-key SeleQtions hotel in Surat, Gujarat, enhancing its presence in one of India's key industrial hubs.

Information on the Target

The Indian Hotels Company (IHCL), recognized as India's largest hospitality provider, has recently announced its plan to establish a new hotel in Surat, Gujarat. This Greenfield development will operate under the IHCL SeleQtions brand and is set to feature 175 keys. Its ideal location on the upscale Dumas Road ensures convenient access from the Surat Airport as well as proximity to major business districts. The new hotel will include a variety of facilities designed to cater to both leisure and corporate guests, such as an all-day dining option, a specialty restaurant, a swimming pool, and a fitness center. Additionally, it will boast an expansive 8,000 sq. ft. banquet hall along with several conference and meeting rooms.

IHCL's vision to have a presence in key commercial centers across India is evident, especially with Surat's designation as one of the country's leading industrial hubs. The recent upgrade of Surat Airport to international status is expected to further enhance the city’s economic growth potential. This strategic signing aligns with IHCL's commitment to expand its footprint in growing urban markets.

Industry Overview in Gujarat

Gujarat is a significant player in India's economic landscape, showcasing robust growth across various sectors, including manufacturing, trade, and tourism. Surat, often referred to as the 'Diamond City of India,