Adani eyes hotel push, in talks with Accor and ITC to run Jaypee's acquired assets
After winning Jaypee's insolvency assets, Adani is reportedly courting Accor and ITC Hotels to manage hospitality properties across Greater Noida, Delhi and Agra. The move signals ambitions beyond airport-linked hotels toward a large India hospitality portfolio.
Adani is in talks with Accor and ITC Hotels to manage hospitality assets acquired via the Jaypee insolvency deal, signaling hotel ambitions beyond airport-linked properties and a potential large India hospitality portfolio.
Why this matters
Builds on Adani's Rs 14,535-cr JAL takeover, with talks to tap Accor and ITC Hotels to operate Jaypee hospitality assets. Reinforces Adani's rapid rise into India's top 10 most valuable brands.
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