The Intercontinental Hotels Group (IHG) has launched its business hotel 'Crowne
Plaza' in Bangalore.
The IHG has invested over Rs 200 crore in the property which was previously
'The Oterra'. The 195-room hotel, which is one of the few in the city to have a
helipad, is awaiting approvals for landing choppers in the property.
Also, the company is planning to launch a property in Delhi, which will be in
the luxury segment, eight upscale Crowne Plaza properties including one in South Delhi,
and 23 mid-market Holiday Inn properties including one in Mumbai by March 2010.