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[dropcap]N[/dropcap]ew Delhi: InterGlobe Hotels announced commencement of construction of another ibis hotel in Bengaluru. The property is being developed in the important suburban location of Hebbal which over the last few years has transformed into a key hotel micro market for the city.
The ibis in Hebbal, will cater to hotel demand generated both from large IT parks such as Manyata Tech Park and Karle Town Centre and will feature 153 rooms and approximately 250 sq. meters of meeting space. The proposed hotel is estimated to be developed at a project cost of approximately INR90 crores and will feature IGH’s New-Gen Ibis product. Currently, IGH has 16 operational ibis hotels in India with the ibis in Kolkata set to launch later this year. With a total of 7 hotels now under development and planning, IGH’s total inventory in India is projected to be 4,000 rooms by 2022.
JB Singh- President and CEO of InterGlobe Hotels, developers of IBIS Hotels, said, “With the commencement of construction our latest project in Bengaluru, our footprint in the city grows stronger with the addition of our third asset in the city. Hebbal has developed into an important business destination and we are very extremely bullish and excited about our investment in this major IT hub of the city. InterGlobe Hotels as a Company is committed to continue its rapid expansion over the next few years and add world-class hotels in key locations across the country.”
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