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12 June 2009

Accor and Interglobe Hotels announce the development of ibis “Aerocity” Delhi

ibis Hotels has won development rights for a hotel within the Hospitality District at Delhi “Aerocity”, construction to begin later this year

Accor and Interglobe Hotels announce the development of ibis “Aerocity” Delhi

New Delhi, Accor, the fastest growing international hotel operator in India, reaffirmed its commitment and confidence in the growing Indian tourism sector, in announcing a strategic hotel development – ibis New Delhi, within Delhi International Airport “Aerocity”. The site was won by Accor’s joint venture for ibis hotels for the Indian sub-continent – InterGlobe Hotels, in a bidding process recently conducted by the Delhi International Airport Limited (DIAL).

Construction is to begin on the 1.7 acre site for a 315 room ibis hotel later this year, with an option for further expansion in the future. The hotel is expected to open in 2011 with an estimated project cost of INR180Cr ($38million) for the first phase.

Uttam Davé, President & CEO of InterGlobe Hotels – said “We are particularly delighted with the development of an ibis within the New Delhi Aerocity. This location is perfect both for building the brand presence of ibis Hotels in India, as well as to serve the vast New Delhi market. We are very pleased with the growth of the ibis network in India, which has kept pace, and indeed exceeded our original development plan.”

The first ibis hotel opened in Gurgaon in August 2008 and a further 14 ibis hotels are in various stages of development in India, with over 2,700 rooms. These projects include Mumbai, Chennai, Bangalore, Hyderabad, Ahmedabad, Jaipur and Nashik. Ibis Pune will be the next ibis to open in India in July 2009 and followed by ibis Mumbai Airport early in 2010.

Ibis hotels in India and in more than 40 countries across 5 continents provide quality, value accommodation to business and leisure travelers. Ibis hotels are well located, with modern and ergonomic ensuite bedrooms, 24 hour a day services, quality well priced food and beverage with competitive, consistent and simple accommodation rates. In India, ibis hotels are uniquely positioned at half the rate of an upscale hotel.

Jean-Michel Casse – Senior Vice President Operations Accor India says “The ibis Delhi International Airport like the ibis Hotel Gurgaon and all ibis hotels in India will provide guests with the reassurance of one of the worlds largest and most respected economy hotel brands. Quality and consistent accommodation at affordable pricing and guaranteed with a “15 minute satisfaction contract” is exactly what is required in the Indian economy hotel environment.”

The largest ibis hotel outside of France recently opened in February 2009, the ibis Singapore on Bencoolen. This hotel joins other openings which have included Ibis Sydney King Street Wharf, ibis Tianjin Tanggu and Ibis Bangkok Nana along, with an additional 23 ibis hotels to open throughout Asia Pacific this year, adding to the existing network of 62 ibis hotels in Asia Pacific and over 800 globally.

Additionally in India, Accor has 48 hotels under development covering the budget to luxury segments. These include hotel brands Sofitel, Novotel, Mercure and Formule 1.

ibis, the worldwide economy hotel brand of the Accor group, offers consistent quality accommodation and services in all its hotels, for the best local value: a well-designed and fully-equipped en-suite bedroom, major hotel services available 24/7 and a wide choice of onsite food and beverage options. The quality of the ibis standard has been recognised by the International Organization for Standardization certification ISO 9001 since 1997. ibis is also the world’s first hotel chain to demonstrate its environmental commitment through securing the ISO 14001 certification, which has already been awarded to nearly one third of its hotels.

Established in 1974, ibis is the European leader and one of the first economy hotel chains in the world, with nearly 94,000 rooms and 814 hotels in 40 countries, including ibis Singapore on Bencoolen. For additional information, please visit www.ibishotel.com

Accor, a major global group and the European leader in hotels, as well as the global leader in services to corporate clients and public institutions, operates in nearly 100 countries with 150,000 employees. It offers to its clients over 40 years of expertise in two core businesses: • Hotels, with the Sofitel, Pullman, MGallery, Novotel, Mercure, Suitehotel, ibis, all seasons, Etap Hotel, Formule 1 and Motel 6 brands, representing 4,000 hotels and nearly 500,000 rooms in 90 countries, as well as strategically related activities, such as Lenôtre; • Services, with 30 million people in 40 countries benefiting from Accor Services products in employee and public benefits, rewards and loyalty, and expense management.

InterGlobe - Headquartered in Gurgaon - India, InterGlobe Enterprises (www.interglobe.com) has been adjudged as one of the Top 25 Best Work Places 2008 by Great Place to Work Institute. InterGlobe has a network of 52 offices across 23 cities in India, USA & the UK and employs close to 5000 professionals across its businesses which include IndiGo - India’s fastest growing low-fare airline; InterGlobe General Aviation which represents and services the entire line of HawkerBeechcraft products; Development of hotels in partnership with the French major Accor; Distribution of Travelport’s Galileo GDS; Travel technology and ITeS; and Travel Management for 16 International Airlines & Carnival Group’s entire line of cruises amongst others.

TAGS
5 continents, delhi market, indian sub continent, brand presence, value accommodation, accommodation rates, indian tourism, vice president operations, delhi international, ibis hotels, mumbai airport, leisure travelers, hotel operator, estimated project, tourism sector

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Evan Lewis
Vice President Communications Accor
Phone: +65 6408 8840
Email: evan.lewis@accor.com

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