×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Accor to have 50 hotels in India by 2012

Accor to have 50 hotels in India by 2012
Comment E-mail Print Share
First Published: Wed, Sep 02 2009. 12 26 PM IST
Updated: Wed, Sep 02 2009. 12 26 PM IST
New Delhi: Accor, Europe’s largest hotel group, will have 50 hotels in India with 10,400 rooms by 2012, the company said on Wednesday.
Accor, which currently operates 5 hotels in India, has committed total investment of $130 million so far, it said in a statement.
Accor has said China and India would be main target markets in Asia. Most of the hotels it builds would have the “Ibis” brand, targeted at budget travellers, it has said.
Comment E-mail Print Share
First Published: Wed, Sep 02 2009. 12 26 PM IST
More Topics: Accor | Hotel | Investment | India | Corporate News |