CCI clears merger of hospitality entities into InterGlobe Hotels
India’s competition regulator has approved the merger of AAPC India Hotel Management, Caddie Hotels, Triguna Hospitality Ventures and other hotel entities into InterGlobe Hotels, the InterGlobe Enterprises–Accor joint venture.
CCI has approved the merger of AAPC India Hotel Management, Caddie Hotels, Triguna Hospitality Ventures and other hospitality entities into InterGlobe Hotels, the InterGlobe Enterprises-Accor joint venture.
Why this matters
The approval follows the recent signal, “CCI clears six-entity merger into InterGlobe Hotels,” indicating continued consolidation of hospitality operations under the InterGlobe Hotels joint venture.
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