InterGlobe Enterprises is the parent company of IndiGo, which is India’s largest airline. The company has had a longstanding partnership with Accor where InterGlobe invested in the opening of ibis hotels in India. Today, Accor and InterGlobe deepend their partnership.

InterGlobe and Accor deepen partnership.

Accor and InterGlobe announced today the strengthening of their partnership to create India’s fastest-growing Hospitality Enterprise. The new platform will target a network of 300 hotels under Accor brands by 2030. It will offer an unmatched network, a portfolio of brands, and distribution across all market segments.

This partnership combines the unique strengths of each stakeholder. Accor has established an impressive presence in India over the last many years and currently operates 71 hotels in the country, with 40 more in development, spanning from economy to luxury brands. Accor will significantly expand its footprint and streamline operations through this alliance, deepening its commitment to solid growth in the Indian market across all segments, from economy to lifestyle and luxury.

InterGlobe brings its expertise in travel and hospitality and a proven entrepreneurial track record in aviation (IndiGo), hotels (in India and Internationally), airline management, logistics, travel and AI-enabled technology. InterGlobe is the largest stakeholder of IndiGo.

This strategic collaboration between Accor and InterGlobe is structured around the following key initiatives:

• Accor and InterGlobe will combine their currently owned assets, development businesses in the country, and management to form one autonomous, integrated platform.
• This new entity will become the exclusive vehicle for growing all Accor brands in India, including luxury and lifestyle brands from Ennismore, Accor’s fast-growing hospitality portfolio.
• Accor will continue to lead operations and brand management and provide full access to its brands and services.

Accor / InterGlobe to invest in Treebo Hotels

Treebo is one of India’s leading branded budget hotel platforms, managing 800 hotels across 120 cities through its unique tech-driven approach and efficient distribution systems. Accor and InterGlobe will jointly invest in Treebo and become the largest shareholder. Treebo will lead the development of the Ibis and Mercure brands in India through a master license agreement.

Under this partnership, Treebo agreed with various property owners to sign ten new Mercures, marking a significant milestone in India’s brand expansion.

Accor’s brands will leverage Treebo’s state-of-the-art technology to tap into India’s vast unbranded hotel market and accelerate growth. The combined Accor and Treebo portfolio will create India’s third-largest hospitality player, with over 30,000 rooms.

With a shared vision and ambition of transforming India’s hospitality industry, this alliance between InterGlobe and Accor is poised to turbocharge Accor’s presence in India, with a target of 300 hotels under the Accor brands by 2030. By combining Accor’s global hospitality expertise, InterGlobe’s deep market knowledge and entrepreneurial approach, and leveraging Treebo’s innovative, tech-driven, successful hospitality operations, this partnership is poised to redefine the hospitality landscape in India.

On this occasion, Sébastien Bazin, Chairman & CEO of Accor, said

This landmark partnership marks a transformative moment for Accor and its brands in India. By aligning with our long-term successful and trusted partner InterGlobe and bringing together the best of hospitality, tech and entrepreneurship in India, we are unlocking unprecedented growth potential in one of the world’s most exciting travel markets.

Rahul Bhatia, Group Managing Director, InterGlobe Enterprises, added,

At InterGlobe, we have always believed in our commitment to building meaningful and enduring relationships with both our partners and the guests we serve. Today, I am delighted to further strengthen our two-decade-long association with Accor through this strategic partnership. Together with InterGlobe’s deep market insights, Accor’s world-class services, India’s dynamic growth and evolving travel landscape, we aim to redefine the hospitality experience by offering exceptional value to our guests and setting new standards for excellence in the industry.

Bottomline

InterGlobe and Accor are building upon their two-decade-old partnership in India. InterGlobe/Accor combined will take over the operations of all Accor properties in India and aim to open 300 new hotels in India. This unified entity will now invest to be the majority stakeholder in Treebo Hotels, leading the charge for Mercure and Ibis hotels in India.

What do you think of this ambitious growth plan for Accor in India, with InterGlobe Enterprises by their side?

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