Hotline: 1800 102 2007
X
Search Business Opportunities
Apr, 04 2019

Accor launches its luxury brand Raffles in India

Global hospitality group is eyeing at adding 24 hotels in the country in the next 3 years.

Accor has introduced its uber luxury brand Raffles in India with the signing of 2 properties, one each in Jaipur and Udaipur in Rajasthan.

Global hospitality group is eyeing at adding 24 hotels in the country in the next 3 years. It will also be adding 4,000-5,000 people to its workforce.

Sebastien Bazin, Chairman and CEO, Accor, said, "Currently, we have 51 hotels in India having around 10,000 workforces across all our properties. With the expansion to 75 properties, we are expecting to add another 4,000-5,000 people to our workforce in the next 3 years."

Currently, Accor has 4,800 hotels with 300,000 workforces across the world.

"We have announced the arrival of the Raffles brand in India, a hallmark of luxury and sublime service in a country that is famous for delivering luxury at the highest level. With our strategic partners, we look forward to launch two Raffles properties in Rajasthan, one each in Udaipur and Jaipur," Bazin stated.

He further added, "India represents only 1 percent of our total portfolio now, which is way too small. After the pipeline, it will go up to 2.4 percent, which will be getting better. We should grow bigger in India. Globally we have 38 brands and we are looking at opportunities and the right partners to bring in more brands including Banyan Tree, Mama Shelter, Deland, Mondrian, Tribe among a few in next 2-4 years."

Comment
image
Related opportunities
  • Juices / Smoothies / Dairy parlors
    About Us: Ministry of Thickshakes is posed to be a leading..
    Locations looking for expansion Andhra pradesh
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Shaikpet Andhra pradesh
  • Multi Cuisine Restaurant
    About Us: Shaking up the traditional food & drink space with..
    Locations looking for expansion Gujarat
    Establishment year 2004
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 3000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Theme Restaurants
    About Us: Rang De Basanti Dhabha Centers around the idea of..
    Locations looking for expansion West bengal
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
  • Building architecture
    MSpace is a leading importer, distributor and supplier of leading edge..
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2019
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities