Accor and InterGlobe on Wednesday announced an expanded partnership to build one of India’s largest hospitality platforms, with a target of operating 300 hotels under Accor brands by 2030.
The new integrated entity will consolidate Accor’s India operations and InterGlobe’s hospitality assets to become the exclusive vehicle for growing all Accor brands in the country — including its luxury and lifestyle portfolio from Ennismore.
Accor currently operates 71 hotels in India and has 40 more in the pipeline.
As part of the move, the two companies will also invest in budget hotel chain Treebo, becoming its largest shareholders. Treebo, which manages 800 hotels across 120 cities, will take the lead on expanding Accor’s Ibis and…
