French Hotel Chain plans Massive Expansion in India

The French hotel chain Accor with 5 hotels already under its belt, has announced massive further growth of its hotel network for India, with plans to open an additional Ibis later this year in Pune and seven in 2010, followed by 18 hotels in 2011 and 19 by 2012. 
 
A network totaling 50 hotels and over 10,400 rooms is the target announced by the company, according to media reports. This expansion includes 3 hotels as a part of ‘Aerocity’ the hospitality sector at the Delhi Indira Gandhi International Airport, where Accor will operate a Pullman, Novotel and an Ibis, with a combined total of 985 guest rooms in phase-I of the project.

Commenting on the progress to date and the prospects of Accor’s development and growth in India at a press briefing in New Delhi, Michael Issenberg, Accor Asia Pacific Chairman and CEO said “India is one of the world’s most dynamic economies and a country that offers significant prospects for the development of hotels.

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