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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The partnership between his InterGlobe Hotels and French multinational Accor poses a serious challenge to the leadership of Tata’s IHCL and American multinational Marriott in the hospitality business.
In a season of big announcements in India’s hospitality industry, one stands out. On 9 April, Gurugram-based InterGlobe Hotels and France’s Accor announced plans to form a new “hospitality enterprise”. The move, the two said, would strengthen their existing partnership. Since 2004, InterGlobe Hotels has operated Accor’s Ibis, Novotel and Pullman brands in India. The French multinational has eight more brands in India that it operates with other partners. Now, everything will be under one umbrella.
InterGlobe Hotels and Accor will also jointly invest in Treebo to become the largest shareholder in the budget hotel operator. The three brands together …
As the low-cost carrier pushes through a compensation overhaul, the absence of a CEO is complicating a delicate moment.
The two new chief executives at Air India and IndiGo come with contrasting reputations but face the same challenge—do their predecessors one better.
A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.
