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Ambuja Neotia Invests Rs 2,700 Crore in West Bengal Hospitality Growth

IHCL and Ambuja Neotia expand luxury hotel portfolio with AltAir House, bringing major venue capacity to Kolkata and Siliguri for corporate events.

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MiceStack
1 November 2026 · 1 min read
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MICE Daily

The news: Indian Hotels Company Limited (IHCL) and Ambuja Neotia have launched AltAir House under the IHCL SeleQtions brand in Kolkata and Siliguri. This is part of a larger Rs 2,700 crore investment commitment in West Bengal's hospitality sector. Each property reflects local culture and is positioned as a premium offering for corporate and leisure travelers.

Why it matters for MICE operators: This expansion significantly increases venue capacity in Kolkata and Siliguri—two underserved markets for mid-to-large conferences and corporate events. AltAir House properties are designed to blend local cultural elements with modern facilities, making them ideal for destination conferences and cultural experiences. The investment signals strong confidence in East India's MICE potential and creates new opportunities for event planners seeking Tier-2 destinations.

The takeaway: Add AltAir House properties to your venue database now and position Kolkata as a culturally-rich alternative for clients seeking non-metro event destinations.

Source: ET HospitalityWorld


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