IHG Hotels & Resorts has signed a management agreement with NK Sharma Hospitality Pvt Ltd to develop two new hotels in the Chandigarh tri-city area – Crowne Plaza Chandigarh Zirakpur in the premium segment and Holiday Inn & Suites Chandigarh Zirakpur from the essentials collection. Currently under construction, both hotels are scheduled to open in January 2027.
Complementing Holiday Inn Chandigarh Panchkula and Holiday Inn Chandigarh Zirakpur, the dual signing will strengthen IHG’s offerings in Punjab and add over 350 keys to the company’s portfolio in the state. Forming a cluster in Zirakpur, the new hotels will be strategically located adjacent to National Highway 22, one of the busiest highways in India, attracting travellers from nearby cities and towns.
Once opened, both Crowne Plaza Chandigarh Zirakpur and Holiday Inn & Suites Chandigarh Zirakpur will be positioned amongst the large banqueting facilities, with approximately 100,000 sq ft of meeting space, poised to meet the high demand for weddings, conferences, and events from Zirakpur, Chandigarh, Mohali, Panchkula and Dera Bassi. Situated in close proximity to Himachal Pradesh, Haryana, and Uttarakhand, the hotels will tap into guests seeking ideal stopovers for travelers on leisure trips.
Commenting on the signings, Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts said, “We are thrilled to expand our mainstream offering with another Holiday Inn hotel in Punjab in the vibrant locale of Zirakpur, and to introduce Crowne Plaza Chandigarh Zirakpur, alongside our longstanding partners NK Sharma Hospitality Pvt Ltd. The hotels’ strategic location along the NH22 and their easy accessibility to popular leisure destinations like Shimla and Kasauli will undoubtedly prove to be a significant draw for travelers across segments, both leisure and business.
He added, “IHG has been increasingly focusing on emerging markets in India, and the addition of two new hotels to the burgeoning tri-city area of Chandigarh, Panchkula, and Zirakpur will enable us to cater to the growing demand of quality accommodation in this dynamic region.”
NK Sharma, Managing Director at NK Sharma Hospitality Pvt Ltd. added, “We are delighted to further strengthen our partnership with IHG Hotels & Resorts through the expansion of Holiday Inn & Suites and to debut Crowne Plaza in Punjab. Building upon the success of Holiday Inn Chandigarh Panchkula, we have confidence that our partnership will prove to be fruitful, dedicated to providing top-quality hospitality to our guests. We look forward to harnessing the benefits of IHG’s global systems and robust loyalty program to maximise our mutual success.”