AccorHotels to expand its premium brands in India
Monday, April 17, 2017, 7:30 AM
Hotel chain Accor-Hotels which owns brands like Ibis, Novotel and Pullman in India said its primary focus is to expand the luxury segment in emerging markets like India. Accor-Hotels acquired luxury brands Fairmont and Raffles in a $2.7 billion deal last year and luxury is over one-third of Accor’s hotel revenues globally. Accor is looking at expanding the Fairmont brand in India.