Adani Group and IHCL Partner to Develop Eight Airport Hotels

The Adani Group has signed an agreement with the Indian Hotels Company Limited (IHCL) to develop eight hotels across airport-owned land parcels in Mumbai, Ahmedabad, Lucknow, and Guwahati. The project aims to add 2,000 rooms over the next 3 to 4 years.

Mumbai: The Adani Group has announced a partnership with the Indian Hotels Company Limited (IHCL) to develop eight hotels on airport-owned land parcels located in Mumbai, Ahmedabad, Lucknow, and Guwahati.

According to the companies, the collaboration will add 2,000 rooms across various brands over the next 3 to 4 years, supporting the Adani Group’s commercial development plans.

This marks the second tie-up by the Adani Group for hotel development on airport-owned land parcels within a five-month period. In May, the group announced a partnership with IHG Hotels & Resorts to construct five hotels around four airports.

The newly announced projects include the development of a Taj hotel near Terminal 2 in Mumbai. In Lucknow, the development plan comprises a Vivanta and a Ginger hotel. Ahmedabad will feature a Taj and a Vivanta, which are currently in advanced stages of development, while Guwahati will see the development of a Taj, Gateway, and Ginger.

Jeet Adani, Director of Adani Airport Holdings Limited, stated that the partnership combines hospitality-led mixed-use destinations with India’s leading hospitality company to establish world-class hotels across key airport cities utilizing brands such as the iconic Taj. He noted that the initiative aims to strengthen the hospitality ecosystem within Airport City developments and support the long-term economic growth of the regions served.

Puneet Chhatwal, Managing Director and CEO of IHCL, added that as India strengthens its position as one of the fastest-growing aviation markets globally, airport-centric developments are emerging as critical commercial and hospitality hubs. With these new additions, IHCL's portfolio will include 25 hotels across its brandscape at key airports in India.

"This partnership highlights the growing integration between India's expanding aviation infrastructure and the commercial real estate sector. By leveraging airport-owned land parcels for hospitality developments, large infrastructure players can create high-value commercial ecosystems. For hospitality majors like IHCL, securing locations at major transport hubs provides a steady demand pipeline and aligns well with the country's rising passenger traffic and long-term economic growth." — Dr. Shishir Gupta, Founder & CEO, StartupLanes