“We have agreed to the earlier discontinuation of the hotel management contract due to expire in 2012 for the InterContinental Nehru Place,” said the spokesperson of the Delhi 5 star deluxe hotel while Eros Group officials could not be reached for an official comment. Eros the power packed realtor planned two superb projects and developments in the New Delhi’s Mayur Vihar area may come to a standstill as with the end of this illustrious contract Eros will no longer be a chieftain of IHG’s future development projects. The IHG spokesperson confirmed saying, “A mutual agreement has been reached as well to discontinue the development projects for the InterContinental and Holiday Inn Mayur Vihar with the hotel owner.” The corporate world of the Hospitality industry is brimming with rumors about the realtor giant approaching Hilton Worldwide for a brand & management association but an industry source reported of the realtor being in discussion with a couple of international hotel chains and that nothing has been finalized as yet. Eros has made it clear that it core policy is business not politics and the parting ways is undoubtedly a big setback for InterContinental Hotels Group (IHG) which claims to be world’s largest hotel group by number of rooms. This trend though looks unsatisfactory from IHG’s point of view but IHG has a different story to unfold which will give a sigh of relief to all luxury travelers to India. “The overall development pipeline is very robust and we are targeting to triple the number of our hotels in India to over 50 properties by 2015,” said the spokesperson. Superlative corporate world is all about making alliances and breaking alliances but this winter Delhi Hotels have lot to offer with its sparkling festive bonanza for its pleasure seeking travelers and vacationers.