Lex Favios represented InterContinental Hotel Group for a deal to re-brand 14 hotels across 2000 rooms (operating and under construction) for the Holiday Inn Express brand across the key cities of India, such as Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, and Mumbai.  

Inter-Continental Hotels Group (IHG) has partnered with SAMHI, a hotel asset company, for a deal to re-brand 14 hotels across 2000 rooms (operating and under construction) for the Holiday Inn Express brand.

 

Lex Favios advised InterContinental Hotel Group with regard to carrying out Land Due Diligence of 14 Hotel Properties, review of all property licenses/approvals on a Pan India basis and carrying out Risk Assessment of the 14 Hotel Properties.