InterGlobe Hotels to invest about Rs 550 cr on two new properties by 2025InterGlobe Hotels, a joint venture between InterGlobe Enterprises and Accor Asia Pacific, plans to invest approximately Rs 550 crore to ope...
05 Oct, 2023, 03.18 PM IST
Ibis expects 25% growth in top-line at Rs 1,000 cr this yearThe Rs 160-crore, 186-key Thane hotel is the fifth in the megapolis and its sixth is under-development in the tony Bandra Kurla Complex (BK...
15 Mar, 2023, 08.58 PM IST
Ibis to invest over Rs 500 cr to add 685 keys across 4 hotels by FY24Ibis, which last week opened its 20th property in the country at Vikroli in Mumbai offering 249 keys making it the largest, operates 3,808 ...
18 Oct, 2021, 02.35 PM IST
Hotel chain Ibis to add over 500 more keys by 2022, expects revenue normalisation in H1The expansion is focused on three cities -- Mumbai, Bengaluru and Goa--which are already functioning almost at pre-pandemic levels, though ...
31 Jan, 2021, 02.07 PM IST
InterGlobe Hotels plans Rs 700 crore investment to add 6 hotels in India by 2022The company currently has 19 hotels across the country under 'ibis' brand with 3,559 rooms.
28 Apr, 2019, 12.50 PM IST
AccorHotels to launch luxury brands Raffles, Fairmont in IndiaAccor’s first Raffles hotel on the Udaisagar land in Udaipur will have 101 rooms and suites, and will open by the middle of next year.
04 Apr, 2019, 02.32 PM IST
India a land of opportunities: Sébastien Bazin, chairman and CEO, AccorHotelsSébastien Bazin, chairman and CEO of AccorHotels said despite challenges in the Indian market in setting up hotels, the country is still 't...
04 Apr, 2019, 08.54 AM 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
Accor Hotel eyes 1,050 hotels in Asia-Pacific in 3-5 years, adding 300 hotelsJ.B. Singh, said, “We will be investing close to Rs 900 crore in the opening of the seven new Ibis hotels. Till now, we have invested Rs 1,...
17 Aug, 2016, 09.49 PM IST
Accor and InterGlobe Enterprises alliance on rocks after absence of consensus on hotel projectThere is discontent brewing between hospitality major Accor and Rahul Bhatia-led InterGlobe Enterprises over hotel projects, with absence o...
06 Jan, 2015, 04.59 AM IST
Toshiba Lighting looking to set up manufacturing base in IndiaThe company is aiming for a business of USD 40 million (Rs 243 crore) here in next five years in LED (light emitting diode) segment with a ...
21 Sep, 2014, 01.34 PM IST
Accor to expand mainly through ibis, Novotel brands in IndiaAt present, Accor group has 25 properties offering 4,680 rooms under its seven brands in the country.
13 Dec, 2013, 05.56 AM IST
InterGlobe to open 13 ibis hotels across India by 2015Hospitality firm InterGlobe Hotels said it will open 13 new hotels under economy brand 'ibis' across the country by 2015.
21 Mar, 2013, 05.05 PM IST
- Accor bets big on India; to open 11 hotels in India in 2012
The new hotels, with over 4,500 guest rooms, are coming up in cities like Delhi, Mumbai, Jaipur, Ahmedabad, Pune and Bengaluru.
04 Apr, 2012, 09.37 PM IST
- Accor to launch three hotel brands in India this year
Global hospitality major Accor on Wednesday said it will launch three hotel brands in India by the end of this year.
24 Aug, 2011, 10.15 PM IST
- Accor to create 3000 jobs in India next year
Global hospitality firm Accor said on Tuesday it will hire 3,000 people by next year in India to fill vacancies being created at its upcomi...
28 Dec, 2010, 05.53 PM IST
- Accor to invest $35 mn in InterGlobe
France-based hotel group Accor, which on Monday entered into a joint venture with Emmar MGF for developing 100 budget hotels, plans to inve...
28 Nov, 2006, 09.10 AM IST