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India is barely discovered in terms of true tourism: AccorHotels’ Michael Issenberg
In an interview with Mint, Michael Issenberg, CEO (Asia-Pacific) at AccorHotels, talks about plans for India, challenges in the hospitality industry, and the impact of millennials and social media on the sector
7 min read1 Sep 2018AccorHotels to launch new hotel brands in India
AccorHotels has lined up a new pipeline of hotel brands in luxury and service apartment space, a category which is now seeing interest from Taj Group, Hyatt Hotels and Marriott International
2 min read23 Mar 2018AccorHotels may bring global hotel brands 25Hours and Banyan Tree to India
AccorHotels currently operates 46 hotels in India under 10 brands including Sofitel, Novotel and Ibis in major cities like Delhi, Mumbai and Bengaluru
2 min read25 Mar 2017Hotel chains struggle to raise average room rates despite occupancy growth
Average room rates have continued to decline since the global financial crisis in 2008 due to oversupply of hotel rooms in many Indian metros
3 min read30 Nov 2016Hotels transform empty spaces into office areas for rent to tap rising demand
From Taj Deccan in Hyderabad to AccorHotels in Gurgaon, hoteliers are looking to monetize underutilized spaces
2 min read16 Nov 2016AccorHotels to raise luxury profile with $2.9 billion acquisition
Accor to pay for deal with $840 million cash and 46.7 million shares; acquisition includes London's Savoy and New York's Plaza
1 min read10 Dec 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared