Investments

Accor to open Raffles in India

2 min reading time

Published on 05/04/19 - Updated on 17/03/22

Palais des Vents Jaipur

Two properties are to open in the next years in India with Raffles Jaipur and Raffles Udaipur. "Pride" and "Historic moment" are the words Accor uses to express how it feels about these new signatures with Rantankant Sharma, the owner.

In the state of Rajasthan, one of the most touristic states in India, Raffles will open two new properties first in Udaipur (2020) with 101 rooms and suites and then in Jaipur. Accor bought the historic, 130-year-old brand in 2015.  Accor now operates 13 properties across 11 countries (a total of 3,728 rooms with 2,805 currently operational as two hotels are being renovated) an important evolution since June 2018 when it had 11 properties, 1,927 rooms.

Accor clearly wishes to develop its luxury portfolio with 5 properties to open in the coming years for Raffles brand:

  • Shenzhen China -2019
  • Udaipur India - 2020 
  • Boston USA - 2021
  • Jeddah Saudi Arabia - 2021
  • Jaipur India

Signature of the deal

Jean-Michel Cassé, Chief Operating Officer (COO) – India and South Asia, Accor commented: “We are seeing increasing demand for luxury travel in India and are looking forward to expanding Accor’s globally renowned portfolio of luxury brands in this incredible country. The addition of the iconic Raffles brand signals a new era for our group.”

Come and listen to Sébastien Bazin, Chairman and CEO Accor during the decision makers session at the 24th Global Lodging Forum.

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