French hotel giant Accor and IndiGo’s parent InterGlobe Enterprises are planning to build India’s third-largest hospitality platform by 2030.
The deets: the duo, already joint venture partners in the ibis chain through InterGlobe Hotels, are expanding their 20-year partnership to pool assets, consolidate operations, and aggressively scale across India.
The deal involves creating a new integrated entity, combining Accor’s India business and InterGlobe’s hospitality assets.
The target: 300 hotels under Accor’s brands by 2030—up from the current 71, with 40 more already in the pipeline.
Accor’s portfolio in India includes premium and budget brands like Raffles, Fairmont, Novotel, Mercure, and ibis.
As part of the renewed partnership, the companies will also invest in budget hotel chain Treebo, becoming its largest shareholders. The final portfolio is expected to house 30,000 rooms.
Why it matters: this move gives Accor and InterGlobe a sharp edge in the midscale and budget segments—especially at a time when India’s hotel sector is riding a strong upcycle. Domestic tourism is booming, and the rise of low-cost carriers like IndiGo is driving new demand in Tier-2 and Tier-3 cities.
Worth noting: the partnership also includes a loyalty play—IndiGo’s BluChip and Accor’s Live Limitless programmes will be integrated to offer shared rewards, co-branded experiences, and deeper customer engagement across both travel and hospitality.
Investors are going to love it. Indigo stock is already at all time highs.
