IHG Hotels & Resorts has signed a management agreement with Haware Engineers & Builders to open a new Holiday Inn Express & Suites Pen Mumbai Goa Highway, further strengthening its footprint in Maharashtra. Scheduled to launch in Q1 2028, the 126-room hotel will cater to growing demand from travelers across the state’s industrial corridors, especially within the rapidly expanding Mumbai Metropolitan Region (MMR).
Part of IHG’s globally renowned Holiday Inn Express brand—known for smart, simple stays—the new hotel in Pen, Raigad district, will offer modern accommodations, dining options, meeting spaces, a banquet hall, and a fitness center, designed specifically for the needs of business travelers.
Sudeep Jain, Managing Director, South West Asia, IHG Hotels & Resorts, stated, “We’re excited to debut Holiday Inn Express in Pen, which will serve as a strategic addition to our portfolio. This move aligns with our goal of expanding into high-demand and emerging markets across India.”
Mrs. Ujjwala Haware, Chairperson and Director of Haware’s Lotus Hotels Private Limited, added, “Partnering with IHG allows us to bring a globally trusted brand to Pen. Its location near major industrial hubs makes it an ideal choice for business and transit travelers.”
The new signing reflects IHG’s commitment to tapping into India’s evolving hospitality landscape by offering reliable and comfortable accommodation in growth-oriented regions.
