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17. Accor’s India Expansion Plans
Accor’s India Expansion Plans. Accor is expanding its hotel network in India, with 48 committed hotel (9980 rooms) developments. The hotels are a mix of Accor hotel brands – Sofitel, Pullman, Novotel, Ibis, Mercure and Formule 1. Accor will also manage three convention centres in India.
18. Airbus Forecasts India to Need 1,750 New Aircraft Over Next 20 Years
According to Airbus’ latest India Market Forecast, India will require 1,750 new passenger and cargo aircraft over the next 20 years to meet an exponential rise in both passenger and freight traffic. To help meet this growth, India will need 1,320 new single-aisle aircraft and 430 widebody aircraft valued at US$255 billion.
19. Starwood Continues Expansion in India
Starwood Continues Expansion in India. Starwood has signed a Non-Exclusive Master Agreement with D.I.H (Cyprus) Limited (an affiliate of Duet India Hotels Ltd.) and JHM Interstate Hotels India Pvt. Ltd. The agreement was signed concurrently with the execution of the agreement for the Four Points by Sheraton Pune, Nagar Road. The Non-Exclusive Master Agreement also covers the Four P
20. IHG and Duet India Hotels to Develop 19 Holiday Inn Express Hotels
IHG and Duet India Hotels to Develop 19 Holiday Inn Express Hotels. InterContinental Hotels Group has signed a joint venture partnership with Duet India Hotels Group (DIHL), the hotel investment arm of global asset manager Duet Group, to develop 19 new Holiday Inn Express hotels across India. IHG will invest through a 24% equity stake, making a multi-year investment of US$30 millio
21. Accor Targets 90 Hotels in India by 2015
Accor Targets 90 Hotels in India by 2015. Accor, together with partner InterGlobe, is aiming to have 90 hotels in India by 2015, a rate of expansion that places India as Accor’s first emerging growth market globally.
22. Accor takes Major Step in its Expansion in India
Accor takes Major Step in its Expansion in India. As part of its global development strategy aiming at opening 200,000 new hotel rooms by 2010, of which 60% are in emerging markets, Accor has signed a significant partnership that triggers a major expansion in India. This expansion plan covers the full spectrum of the hotel market in India, including budget Formule 1 hotels, economy
23. Air India to Join Star Alliance in July 2014
The CEOs of the Star Alliance network have unanimously approved the membership of Air India, clearing the way for the national carrier to become the first Indian airline to join a global airline alliance. The integration teams at Air India, Star Alliance and its member carriers will now complete the last necessary work in order to ensure that Air India can offer all Star Alliance c
24. Air India takes Delivery of First 777-200LR Worldliner
Air India takes Delivery of First 777-200LR Worldliner. On Thursday, Mumbai-based Air India took delivery of the airline's first 777-200LR (Longer Range) Worldliner airplane. This is the first 777 from Air India's order of 68 Boeing jetliners. The airline will receive an additional three 777-200LR Worldliner and three 777-300ER (Extended Range) airplanes this year.

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