Indian American hotelier Prakash Maggan has been named Chair of the Global Board of Directors for the IHG Owners Association for 2026, marking a significant leadership role within one of the hospitality industry’s most influential owner organizations. The appointment was announced in a press release published on January 21, 2026 by The American Bazaar and confirmed by the IHG Owners Association’s official board roster. Maggan’s elevation to chair places him at the forefront of advocacy and strategic initiatives for a membership that spans more than 5,000 owners of IHG Hotels & Resorts properties worldwide.

The IHG Owners Association is a global nonprofit organization that represents the collective interests of owners and operators of InterContinental Hotels Group brands, including Holiday Inn, Crowne Plaza, Kimpton, and Six Senses. The Association engages with IHG leadership to influence standards, operational priorities, and broader industry issues that affect franchised hotel performance and profitability. It also serves as a forum for owners to collaborate on best practices and navigate evolving market conditions.

Maggan brings a blend of operational insight and financial discipline to his new role. As Principal and Chief Financial Officer of Rainmaker Hospitality, he has played a central role in expanding his family’s hospitality business. Under his leadership, the company has grown from eight hotels to a portfolio of 29 properties across two states, supported by a workforce of more than 600 employees. His educational background includes a degree in accounting from Transylvania University and legal studies at the University of Dayton School of Law, followed by certification as a CPA – credentials that have informed his strategic approach to business growth and financial stewardship.

Within the IHG Owners Association, Maggan has been actively involved in leadership roles before his appointment as chair. He has served on the board since 2024 and held positions such as chair of the Technology Committee and vice chair of the Americas Regional Council. These roles allowed him to contribute to the Association’s governance and to advocate for owner interests on key operational and technological initiatives. His ascent to chair reflects both his peers’ confidence in his leadership and his deep familiarity with the issues facing franchised hoteliers today.

In his official remarks upon appointment, Maggan emphasized his commitment to collaboration and practical solutions, noting the challenges and opportunities facing independent hotel owners in a rapidly evolving hospitality environment. He framed his leadership agenda around advancing strategic priorities that support long-term performance and growth, working closely with members and IHG Hotels & Resorts to align on initiatives that enhance competitiveness and operational resilience.

Steve Sickel, the newly appointed CEO of the IHG Owners Association, voiced confidence in Maggan’s leadership as the Association embarks on its 2026 agenda. Sickel highlighted Maggan’s grounded, owner-focused perspective and deep industry experience as assets that will help shape the organization’s priorities and deliver value to its global membership. Together, the chair and CEO will lead efforts to strengthen advocacy, owner engagement, and collaboration with IHG corporate leadership.

Maggan’s appointment also underscores the growing visibility and influence of Indian American leaders within the U.S. hospitality sector. Alongside Maggan, the 2026 Global Board of Directors includes several other Indian American members in key roles, such as Asad Malik as Chair Elect & Americas Member at Large, Manish Patel as Secretary & Americas Regional Representative, Dhaval Brahmbhatt as an Americas Member at Large, Shazma Charania as an Americas Member at Large, and Ketan Patel as an Americas Member at Large. This representation highlights the significant contributions of Indian American hoteliers to the broader industry landscape.

Beyond his role within the IHG Owners Association, Maggan remains engaged in broader community and educational leadership. He serves on the Board of Trustees at Transylvania University and volunteers with local industry organizations, including the Kentucky Travel Industry Association and Providence Montessori. These roles complement his professional leadership and reflect his broader commitment to community engagement and industry stewardship.

As chair, Maggan will guide the Board through initiatives that support owner profitability, operational excellence, and strategic alignment with evolving industry trends. His leadership comes at a time when the hospitality sector continues to navigate post-pandemic recovery dynamics, shifting consumer behaviors, and technological innovation – all of which require coordinated advocacy and owner representation at the highest levels. Maggan’s appointment signals a focus on both stability and forward-looking strategies that aim to reinforce owner success within the IHG system and beyond.

Key Takeaways About Prakash Maggan

• Indian American hotelier Prakash Maggan was appointed Chair of the IHG Owners Association Global Board of Directors for 2026.
• He is Principal and CFO of Rainmaker Hospitality, overseeing a portfolio of 29 hotels.
• Maggan has held multiple leadership roles within the Association since 2024.
• His agenda emphasizes collaboration, owner advocacy, and strategic growth initiatives.
• The 2026 board includes several Indian American leaders, reflecting diverse industry leadership.