IHCL signs its 20th hotel in Bengaluru

Strategic Location and Developmen Indian Hotels Company (IHCL) has announced the signing of a new Gateway Hotel and Convention Centre in Kanamangala, Devanahalli, near Bengaluru Airport, Karnataka. This greenfield project is strategically located in North Bengaluru, a rapidly growing corridor driven by business expansion and infrastructure development.

Suma Venkatesh, Executive Vice President – Real Estate & Development, IHCL, stated:
“Bengaluru is widely recognised as one of India’s fastest-growing cities, driven by a strong business ecosystem and sustained infrastructure development. With the rapid expansion around the airport, North Bengaluru has emerged as a significant growth corridor, and this signing aligns with our strategy to build scale in the micro-market addressing the rising demand from corporate and MICE segments. We are delighted to partner with Hombale Group for this project.”

Partner Perspective

Shailaja Vijay Kiragandur of Hombale Group commented:
“We are happy to partner with IHCL to bring the Gateway brand to North Bengaluru aligning with the region’s growth trajectory.”

Portfolio Expansion

With this addition, IHCL’s portfolio in Bengaluru will grow to 20 hotels, including 11 under development, strengthening its presence in one of India’s most dynamic hospitality markets.

Would you like me to also create a concise press release-style version of this announcement that could be used for media or corporate communication?