IHG Hotels & Resorts has signed a management agreement with NCPL to develop Holiday Inn Goa Kadamba, a 100-room hotel in Panaji, Goa. The property is scheduled to open in the 1Q2030 and adds to the group’s presence in India’s leisure markets.
The hotel will be located in Kadamba, with access to sites including the Fontainhas Latin Quarter, the Mandovi River promenade and Dona Paula. It is also near the UNESCO-listed Churches and Convents of Goa. The location is intended to serve both leisure and business visitors.
Goa remains a major tourism market in India, supported by transport links including two airports and a steady flow of domestic and international visitors. Demand is driven by beaches, heritage areas and related activities.
The property will include five F&B outlets, comprising an all-day dining venue, a speciality restaurant, bar, lobby lounge and pool bar. Facilities will also include three meeting and event spaces, including a ballroom, as well as a swimming pool, fitness centre, spa and parking.
“The signing of Holiday Inn Goa Kadamba aligns with our strategy to expand in high-potential leisure markets across the country, and we are pleased to partner with NCPL to bring this hotel to life. With its prime location in Panaji and strong brand proposition, the hotel is well-positioned to cater to a diverse mix of leisure and business travellers,” said Sudeep Jain, managing director, South West Asia, IHG Hotels & Resorts.
“Panaji’s distinctive positioning as both a cultural and administrative hub makes it an attractive destination for hospitality development… we are confident that the hotel will deliver high-quality experiences and become a preferred choice for travellers visiting Goa,” added Miket Kankia, director, NCPL.
IHG currently operates 51 hotels across six brands in India, including Six Senses, InterContinental Hotels and Resorts, Crowne Plaza, voco Hotels, Holiday Inn Resort and Holiday Inn Express. A further 89 hotels are planned to open over the next three to five years.
