India's hospitality industry set for double-digit growth over the next decade: Accor CEO

Sebastien Bazin, Group Chairman & CEO at Accor, said the company plans to expand to 300 properties in less than five years. To achieve this, the pace of new hotel openings will rise sharply — from the current five or six per year to around 25 to 35 annually.

India's hospitality industry set for double-digit growth over the next decade: Accor CEO
Sebastien Bazin, Group Chairman & CEO at Accor, said the company plans to expand to 300 properties in less than five years. To achieve this, the pace of new hotel openings will rise sharply — from the current five or six per year to around 25 to 35 annually.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow

FEDA-HQ The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.