Accor Plans 30 New Hotels in India
Skift Take
Accor plans to expand its Indian portfolio by introducing 30 new hotels, adding 5,500 rooms over the next 3-5 years, and is set to open luxury hotels including Sofitel Jaipur Jawahar Circle and Raffles Jaipur.
STR reported China hotel RevPAR for the week ended March 30th. Hotel RevPAR in China was up 0.3% year over year. It was up against a very tough +153.9% year over year comparable result. Occupancy was up 0.4% for the week while ADR was flat.
Accor announced plans to introduce 30 new hotels in India within the next three to five years, adding around 5,500 rooms to its existing portfolio of 62 hotels with 11,000 rooms. Accor signed 11 hotels and inaugurated six last year, adding nearly 1,000 rooms to its local portfolio. For 2024 they expect to open six hotels in the premium, mid-range and economy segments as well as three luxury and lifestyle hotels. Accor announced an agreement with EBU Estate Developers Private Limited for the development of the Sofitel Jaipur Jawahar Circle in the city of Jaipur. The new build luxury hotel is scheduled to open in 2028 with 275 rooms, four restaurants and bars and over 5,000 square me
