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Accor Eyes India Acquisitions After Treebo Deal Collapses
financeSkift··1 min·For: Owner, Investor, GM

Accor Eyes India Acquisitions After Treebo Deal Collapses

Accor is actively pursuing acquisitions and new partnerships to scale its footprint in India following the breakdown of its planned partnership with Treebo Hospitality Ventures. The French hotel group remains committed to rapid regional expansion to reach its target of 300 properties.

Key Takeaways

  1. 1Accor and Treebo called off a deal that would have expanded Ibis and Mercure into secondary markets
  2. 2The hotel group is pivoting toward acquisitions and new partners to drive growth across India
  3. 3Leadership reaffirmed its long-term strategy to scale the regional portfolio to 300 hotels

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Source: Skift

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