New Delhi, Jan. 23 -- InterContinental Hotels Group (IHG) India is focusing on increasing the presence of its mid-level brands - Holiday Inn and Holiday Inn Express - to more cities to counter the overall slowdown being faced by the hospitality segment.
Speaking to IANS, the IHG Managing Director (South West Asia) Sudeep Jain, however, said that in the smaller cities the company has not witnessed a "dramatic slowdown in any manner".
"To counterbalance the slowdown with our brands of Holiday Inn and Holiday Inn Express in particular, we are entering tier 2,3 and tier 4 cities. There we are not seeing any dramatic slowdown in any manner. That's more virgin territory, under-penetrated, dynamics are different, the owner profiles are different...