“French hospitality group Accor, which has set the target of 50 hotels by 2015, is planning to expand mainly through its ibis and Novotel brands”
“French hotel chain operator Accor has expanded its Novotel hotel network across India, with the opening of its eighth hotel under this brand in the country at Pune.”
Accor, in joint venture with Belaire Hotels and India Blue Mountains, has launched the first Novotel property in Pune.
Talking about the business strategy, Bandish Mehta, General Manager, Novotel Pune said: ”The challenge of competing with branded hotels is in itself an opportunity…”
By recently opening its property, Novotel Pune at Vimannagar, Accor continues with the expansion of the Novotel network in India.
RP Capital Group manages India Blue Mountains - hotel development fund, India. a partnership with the global hotel operator, Accor.