IHG Owners Association Welcomes Prakash Maggan as 2026 Chairperson of Global Board of Directors
IHG Owners Association Welcomes Prakash Maggan as 2026 Chairperson of Global Board of Directors
The IHG Owners Association recently announced the appointment of Prakash Maggan as Chair of its Global Board of Directors for 2026. With a background deeply rooted in the hospitality industry, Maggan is set to guide key initiatives and represent the interests of hotel owners throughout the year.
Prakash Maggan is not just a leader but also a second-generation hotelier who brings a unique perspective shaped by years of experience in hotel operations and finance. He is the Principal and CFO of Rainmaker Hospitality, a company he helped grow from a modest eight hotels to an impressive 29 properties across two states, employing over 600 individuals. Maggan's academic credentials include a degree in accounting from Transylvania University and a law degree from the University of Dayton School of Law, which provide a solid foundation for his leadership role. He is also a licensed CPA, which adds to his financial acumen.
In his new position, Maggan emphasizes the importance of navigating a rapidly evolving hospitality landscape. He believes that collaboration is critical for hotel owners, who face various challenges in maintaining competitiveness in the market. As he stated, “The Association plays an important role in helping them stay competitive and informed.” His approach will focus on listening to the needs of members and working closely with IHG Hotels & Resorts to advance initiatives that promote long-term performance.
Maggan's contributions to the IHG Owners Association are notable—he has been a member of the Board since 2024 and has held key volunteer positions, including chair of the Technology Committee and vice chair of the Americas Regional Council. His dedication to the organization has earned him respect and a strong reputation among his peers.
Steve Sickel, the newly appointed CEO of the IHG Owners Association, has expressed confidence in Maggan’s leadership abilities. He recognizes that Maggan brings a grounded perspective that is essential for the Association's ongoing success. Sickel noted, “His operational understanding and strategic insight will be invaluable as we continue shaping the Association’s priorities and programs.”
Beyond his business endeavors, Prakash Maggan is committed to giving back to the community. He serves on the Board of Trustees for Transylvania University and actively participates with several local organizations, including the Kentucky Travel Industry Association and Providence Montessori, demonstrating his commitment to supporting the hospitality industry and education.
The IHG Owners Association itself is a distinguished organization, established by the founder of Holiday Inn, Kemmons Wilson, in 1955. It represents over 5,000 hotel owners of IHG Hotels & Resorts globally, focusing on advocating for their interests and enhancing their returns through various initiatives related to hotel operations.
As the new chair, Maggan will lead a distinguished board that also includes:
- - Asad Malik, Chair Elect – President & CEO of Amerilodge Group
- - Juan Carlos Rodo, Treasurer – VP of Operations, Grupo Marta Hospitality
- - Manish Patel, Secretary – CEO of MKP Management, Inc.
- - Norman Leslie, Past Chair Committee Representative – Founder & CEO of National Hospitality Services
- - Simon Teasdale, EMEAA Officer Representative – CEO of LGH Hotels Management Ltd
- - Steve Sickel, CEO of IHG Owners Association
The diversity of experience among board members will bolster the Association's mission to enhance the hotel ownership experience and promote collective growth and success in an ever-evolving market.
Looking ahead to 2026, the IHG Owners Association is poised to take significant steps under the leadership of Maggan. His ability to balance long-term strategic planning with immediate operational needs will likely serve the members well. The continued growth of IHG's diverse portfolio, which includes distinctive brands such as InterContinental, Kimpton, Crowne Plaza, and Holiday Inn, signifies a promising future for stakeholders in the hospitality industry.
For more information about the IHG Owners Association and its initiatives, please visit www.owners.org.
Topics Business Technology）
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