IHCL signing SeleQtions Hotel with Merlin Group
economictimes.indiatimes.comIHCL) has partnered with Merlin Group to open a new resort near Joka on Diamond Harbour Road, Kolkata.
IBIZA – an IHCL SeleQtions will have 130 keys, including eight suites, spread over 11 acres in Kriparampur, a popular tourist destination. The property will also boast a 5,400 sq. ft. ballroom, conference halls, pre-function areas, meeting rooms and scenic outdoor venues.
“The existing resort will be refurbished and expanded under a new brand, with plans to open in October 2025. A total investment of Rs 60 crore will be infused for the planned expansion,” said Sushil Mohta, Chairman of Merlin Group, hinting the company may look at more assets with IHCL.
With the addition of this resort, IHCL will have seven hotels across Taj, SeleQtions, Vivanta and Ginger brands in Kolkata, including two under development.
“This signing is another step in IHCL expanding its footprint in Kolkata, a thriving metropolitan state capital. It will address the need for getaway destinations at a short driving distance from the city, which will help tap into the increasing demand for both leisure and MICE,” said Suma Venkatesh, Executive Vice President — Real Estate & Development at IHCL.
Kolkata, the capital of the state of West Bengal, is an important commercial centre for East India. The city is regarded as an artistic and cultural hub, with many luxury hotel brands setting up properties.
According to JLL, the hotel sector has witnessed an excellent surge since the last calendar year (2023). A record number of hotel signings and
