We've adopted 'born in France, made in India' approach: Jean-Michel Cassé, AccorHotels IndiaThe group now has an 8,000 room inventory across its ten brands, which include Fairmont, Sofitel, Pullman, Swissôtel, Grand Mercure, Novote...
12 Dec, 2016, 04.55 PM IST
AccorHotels to go asset-light in India, to open 20 properties by next year"Going forward, we will continue to invest but the majority of what we do would be asset light," Michael Issenberg, chairman of AccorHotels...
21 Sep, 2016, 10.06 AM IST
Private equity players looking to invest in operational hotelsWhile the number of deals has picked up by 52% year-on-year in 2016, the average deal size has declined by 51% to $4.3 million.
17 Jun, 2016, 01.23 AM IST
China conglomerate HNA group’s unit to buy Carlson hotelsA unit of Chinese conglomerate HNA Group has agreed to buy Carlson Hotels, the owner of several brands including Radisson and Country Inns ...
29 Apr, 2016, 08.55 AM IST
- Fairmont eyes 40 hotels in India in next 5 years
Fairmont Hotels and Resorts plans to operate about 40 hotels in India in the next five years across its three brands -- Fairmont, Raffles a...
06 Dec, 2011, 07.38 PM IST