
Accor and InterGlobe Strengthen Partnership to Revolutionize India's Hospitality Sector
Accor and InterGlobe have announced a strategic partnership aimed at creating a significant presence in India's hospitality market, targeting 300 hotels by 2030.
In a major move to reshape India’s hospitality landscape, Accor and InterGlobe have elevated their partnership, aiming to set up India’s fastest-growing hospitality business with plans for 300 hotels under Accor’s umbrella by 2030.
Objective: The collaboration seeks to leverage India’s growing demand for hospitality services through an extensive portfolio and a solid operational framework.
Sébastien Bazin, Chairman & CEO of Accor, remarked: “This landmark partnership marks a transformative moment for Accor and its brands in India. By aligning with our long-term and trusted partner InterGlobe, we are unlocking unprecedented growth potential in one of the most exciting travel markets in the world.”
Rahul Bhatia, Group Managing Director of InterGlobe, added: “At InterGlobe, we have always believed in creating lasting relationships with both our partners and the guests we serve. This strategic partnership enhances our two-decade-long association with Accor, aiming to redefine the hospitality experience.”
Strategic Alliance
- Accor: Holds a significant presence in India, operating 71 hotels with an ambition to expand.
- InterGlobe: Leverages expertise in travel and technology, spearheading a robust expansion in hospitality.
Market Opportunities
India’s economy is projected to grow steadily, with an increasing middle class fueling a surge in domestic and international travel. The fragmented hotel industry presents a prime opportunity for organized and branded hospitality players like Accor to thrive.
Expansion Strategy
Key initiatives include:
- Forming an integrated platform combining Accor and InterGlobe’s hospitality assets.
- Growing all Accor brands in India and redefining market standards through strategic investments.
Treebo Collaboration
The partnership with Treebo, a leading budget hotel platform, aims to streamline operations and deepen market penetration, enhancing the hospitality experience across India.