Adani-IHG to build 5 airport hotels with 1,500 keys, debuting Kimpton in India

Adani Airport Holdings and IHG signed a development pact for five hotels totaling ~1,500 keys across Navi Mumbai, Mangaluru, Thiruvananthapuram and Jaipur over 3-5 years. The deal brings Kimpton to India for the first time and adds Holiday Inn properties inside Adani's 663-acre airport city footprint.

— FiledThu, 14 May, 2026, 14:56 IST·First seen Thu, 14 May, 2026, 22:46 IST·Source ET Small Business

What happened

Adani Airport Holdings Limited · Adani Airport Holdings and IHG signed a deal to develop five hotels with ~1,500 keys across Navi Mumbai, Mangaluru,

Key facts

  • 5 hotels
  • 1,500 keys
  • 663 acres
  • 52 hotels
  • 98 pipeline hotels
  • 3-5 years

Why this matters

IHG secures anchor distribution inside India's fastest-growing airport operator footprint, while Adani converts its 663-acre land bank into recurring hospitality royalties—watch for similar tie-ups with Marriott or Accor on remaining parcels.