Adani Airports and IHCL sign deal for eight hotels across four Indian cities
Adani Airports and IHCL agreed to jointly develop eight hotels with over 2,000 rooms in Mumbai, Ahmedabad, Lucknow and Guwahati.
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what happened
Adani Airport Holdings and Indian Hotels Company, part of the Tata Group, have agreed to develop and operate eight hotels with more than 2,000 rooms. The properties will be located in Mumbai, Ahmedabad, Lucknow and Guwahati.
Adani Airports will build the hotels, while IHCL will run them under its Taj, Vivanta, Gateway and Ginger brands. The portfolio includes three Taj hotels, two Vivanta properties, one Gateway and two Ginger hotels, among them a Taj at Terminal 2 of Mumbai airport.
The deal fits Adani's plan to build airport cities that combine hotels, retail and convention facilities with aviation. According to Moody's, with these new agreements AAHL has now partnered with hotel brands for 15 hotels at its key airports in India.
why it matters
The deal is mainly corporate and has limited impact on the broader market, but it shows how airport operators in India are expanding beyond aviation.
tags
instruments
sources
- Adani Airports, IHCL sign eight-hotel agreement in 4 cities — Moody's, 29 October 2026 at 13:18 UTC
- IHCL and Adani Airports sign agreement for eight hotels with over 2,000 rooms — Moody's, 29 October 2026 at 16:01 UTC
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