New Delhi, April 17, 2018:
Global hotel chain Accor Hotels is focusing on strengthening its existing brands in India while looking for suitable opportunities to expand its luxury brands.
The French group at present has 48 hotels spread across nine brands in the country with a total of 8900 rooms. The group has 28 brands globally.
“We are not looking to bring all the brands but trying to densify our presence with existing brands in the Indian cities. If we find a good opportunity for luxury brands we will go for it,” said Jean Michel Casse, chief operating officer, India and South Asia for AccorHotels, at the launch of its Novotel Kochi Infopark in association with Muthoot Pappachan group on Friday according to economictimes.indiatimes.com
This is the second hotel of the group in Kochi after Ibis. The primary focus of the group is expansion of its medium-scale and upscale brands in India. It is looking to expand its luxury brands like Sofitel in bigger cities.
According to reports are published in economictimes.indiatimes.com Muthoot Pappachan Group has constructed the hotel. “With this hotel, we have so far invested Rs 400 crore in Kerala in hospitality segment,” said Thomas John Muthoot, CMD of the group. The group has two hotels in Thiruvananthapuram managed by Taj and Hilton.
“We have acquired land in Mararikulam in Alappuzha and Bekal in Kannur, where we intend to set up luxury resorts,” Muthoot said. The group also has plans for couple of hotels in Chennai at Sriperumbudur and near Old Mahabalipuram Road.