Accor Hotels to add 9 hotels in India by year-end

NEW DELHI: Global hospitality major Accor Hotels plans to add up to nine hotels in India this year targeting to offer a total of over 10,000 rooms across its properties in the country.

The French hospitality firm currently has 46 hotels with a total of over 8,700 rooms in India under ten brands ranging from luxury to economy spread across 19 cities.

"We plan to open up to nine hotels in India this year. We will have 55 hotels in India by the end of this year with over 10,000 rooms," AccorHotels, Chief Operating Officer India and South Asia Jean-Michel Cassé told.

Out of the new hotels that the company is planning to open this year, the majority will be under Novotel and ibis brands, he added.

"Today the majority of our hotels are between Novotel and ibis brands. Around 50 per cent of our hotels are under these two brands and rest are in the other eight brands," Cassé said.

With the opening of new hotels, the company will enter new cities such as Lucknow, Guwahati, Nagpur and Coimbatore, he added.

Cassé said Accor is also looking to intensify presence in key cities in major Indian hubs.

When asked about the business model the company plans to follow for growth, Cassé said: "We want to continue developing asset light through management contract".

The hospitality major currently has brands like Pullman, Novotel, ibis, Formule1, Fairmont and Sofitel among others in India.

Accor Hotels Group, at present, has 2,40,000 employees in over 4,100 hotels in 95 countries. It has a portfolio of over 20 brands from luxury to economy.
Stay on top of business news with The Economic Times App. Download it Now!
DON'T MISSany stories, follow us on TwitterFollow
FROM AROUND THE WEB

Discover Scotland with Etihad Airways

Visit Scotland

Doctors “Hate” This 1 Simple Method To Burn Fat

SlimNow

Why Term Insurance is the best investment option

MAX LIFE INSURANCE

MORE FROM ECONOMIC TIMES

8 tips for taking stunning pictures on your smartphone

HC says Ganga, Yamuna are living persons

5 smart things to know about InvITs

From Around the WebMore from The Economic Times

Best SIP Investment Plans in 2017 to Make You Rich!

Funds India

Enjoy Home Loans @ 8.65%* p.a.

Indiabulls Home Loans

Choose the right Citi credit card for you

CITI BANK

Keep track of your expenses by planning your monthly budget

TomorrowMakers

6 interesting things about the new UP CM, Yogi Adityanath

7 secrets that make Marwaris so good in business

6 interesting facts about the new UP CM, Yogi Adityanath

I value money because I have seen tough times—Ajinkya Rahane