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Hotel chain Accor-Hotels which owns brands like Ibis, Novotel and Pullman in India, is primarily focusing on expanding the luxury segment in emerging markets like India.
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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.
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Accor Hotels is looking at expanding the Fairmont brand in India. India currently has one Fairmont Hotel in Jaipur.
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They have got eight new brands in their portfolio in the past twelve months.
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They are looking at expanding the Fairmont brand in India, as there is good interest from the Indian market for luxury brands.
Source: http://bit.ly/2oC928e
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