Accor (ACCYY) announced a partnership with Dangayach Group to develop two new luxury hotels in the tourism market of Goa, India. The company said, “Raffles Hotels & Resorts will deliver its legendary service and spirit of enchanted glamour to Raffles Goa Shiroda, an extraordinary resort featuring 120 luxury villas set across 27+ acres. The hotel will share a beachfront club with the 56+ acre, 400-room Fairmont Goa Shiroda, featuring the heartfelt service, awe-inspiring public spaces, and locally inspired cuisine for which Fairmont Hotels & Resorts is known.” Both destinations are planned to open by 2030.
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Read More on ACCYY:
- Accor price target raised to EUR 52 from EUR 47 at Deutsche Bank
- Accor price target raised to EUR 53 from EUR 48 at Barclays
- Accor upgraded to Overweight from Neutral at JPMorgan
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