IHCL to open 28 'Gateway' properties

Indian Hotels Company’s (IHCL) upscale brand Gateway Hotels &  Resorts on Saturday said it is looking at opening up to 28 new properties in the next three years as part of its expansion plans.

“Currently there are 22 Gateway properties across India. We have four more launches scheduled for this year and six in the coming year. We aim to reach a target of 45-50 hotels in the next three years,” Gateway Hotels & Resorts COO Prabhat Verma said.

Tata’s IHCL also plans to soon open properties under the Gateway brand in Chennai, Kolkata, Raipur and Hyderabad. On being asked the model the company intends to follow for further expansion of the brand, Verma said: “We are open to exploring all forms of growth. The upcoming properties will be a combination of management contract and joint ventures.”

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