IHG Hotels & Resorts has signed a management agreement with Haware Engineers & Builders to launch a new 126 keys Holiday Inn Express & Suites Pen Mumbai Goa Highway
Scheduled to open in the first quarter of 2028, the 126-room hotel will strengthen IHG’s footprint in Maharashtra, catering to market demand for world-class stays.
Located in Pen, a growing industrial hub in Raigad district, the upcoming Holiday Inn Express will serve the rapidly developing Mumbai Metropolitan Region (MMR). Once operational, the hotel will feature 126 modern well-appointed rooms.
Commenting on the signing, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts said, “We are delighted to debut the Holiday Inn Express brand in Pen, offering travelers smart, simple stays. With its strategic location, the hotel will provide easy access to key destinations, making it an ideal choice for business travelers.”
He added, “We reinforce our commitment to strategically expanding in high-demand and emerging markets across India. Holiday Inn Express continues to be a globally trusted brand, and with this latest signing, we aim to meet the rising need for quality accommodation in Maharashtra’s industrial corridors.”
Ujjwala Haware, Chairperson and Director of Haware’s Lotus Hotels Private Limited added: “We are pleased to partner with IHG Hotels & Resorts to bring Holiday Inn Express to Pen. With its proximity to major industrial hubs, the hotel is well-positioned to cater to a diverse segment of travelers. Together with IHG’s global expertise and our local insights, we look forward to creating a world-class stay experience in this emerging business destination.”
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