Louvre Hotels, owned by US investment group Starwood Capital, said it plans to open 80 new hotels in 2011, mostly in Europe and Asia, with India a priority country for 2011.Louvre Hotels, the world’s eighth-largest hotelier, also said in a statement it would raise funds to finance its expansion in India over the next five years but did not provide further details.”India is the Louvre Hotels Group’s priority country in 2011,” a Reuters report said, quoting a company statement.Louvre Hotels currently runs six hotels in India and has plans to open about 15 new hotels per year in the country over the next five years.In July 2009, Starwood, already the owner of Louvre Hotels, bought 240 hotels owned by Dutch operator Golden Tulip.The acquisition raised Louvre Hotels’ profile with more upmarket brands than its existing Premiere Classe, Campanile and Kyriad hotels. Louvre Hotels, which is also Europe’s second-largest hotel group after Accor, operates over 1,000 hotels in 40 countries.Reuters said it has already opened 20 new hotels since the start of the year, including seven in France, four in India and three in Brazil.On the longer timeframe, Louvre Hotels, which wants to be among the top five hoteliers in emerging markets, expects to open about 100 hotels per year over the next five years.
You might also like
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!
Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.
You can unsubscribe at any time
Close
Sign in
Recover your password.
A password will be e-mailed to you.
- LOGIN / SIGN UP
- NEWS
- MARKETS
- SECTORS
- FEATURES
- Partner articles
- Airlines / Airports
- Car Rental
- Conferences
- Cruising (Ocean)
- Cruising (River)
- Destination Management (DMC)
- GDS / CRS
- Hotels & Resorts
- Hotel Management Company
- Hotel Technology
- HR / Appointments
- Insurance
- Meetings, Incentives, Conferencing, Exhibitions (MICE)
- Travel Agents (all)
- Travel Technology
- Tourism Boards
- Interviews
- Industry appointments
- Travel Bloggers
- Podcasts – Features
- Partner articles
- EVENTS
- JOBS
- TRAVEL GUIDES
- Destination NaJomtien BanAmphur BangSaray *NEW*
- จุดหมายปลายทาง นาจอมเทียน หาดบ้านอำเภอ บางเสร่ *NEW*
- South Australia Reward Wonders *NEW*
- Ponant Yacht Cruises and Expeditions
- Encore Tickets (Chinese Guide)
- Affordable Luxury in Thailand by Centara Hotels
- Rising Above the Oridinary by Conrad Bangkok
- The Best of Thailand
- IWTA SERIES
- IWTA AWARDS
- TRAVEL CLUB
Comments are closed.