Accor is considering acquisitions and other partnerships to accelerate its expansion in India after its planned deal with Treebo Hospitality Ventures fell apart, Duncan O’Rourke, the group’s CEO for Middle East, Africa and Asia Pacific, told Skift. The French hotel group is reassessing how it will build scale in India after the two companies called off their partnership. This would have given the Ibis and Mercure brands access to hundreds of hotels in smaller Indian cities. “Our history has always been entrepreneurial. We like to do acquisitions, we like to grow,” O’Rourke said. “We’re not going to stop because this didn’t work out.” Asked whether Accor is looking for more partners in India, O’Rourke said the group remains open to opportunities. “We are, we always do. But not only in India, everywhere,” he said. O’Rourke d
Accor Considers Acquisitions in India After Treebo Deal Falls Apart
Full Article
Original Source
Read the full article at Skift →KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.