CCI Approves InterGlobe Hotels Consolidation
The Competition Commission of India (CCI) has granted approval for a proposed combination involving multiple share acquisitions and mergers that will consolidate several hotel management and development entities into InterGlobe Hotels Private Limited (IGH). The approval, announced on August 5, 2026, through PIB Delhi, covers the merger of AAPC India Hotel Management Private Limited, Caddie Hotels Private Limited, Triguna Hospitality Ventures (India) Private Limited, along with its wholly-owned subsidiaries Srilanand Mansions Private Limited (SMPL), Techpark Hotels Private Limited, and Accent Hotels Private Limited into IGH.
Corporate Structure and Ownership
The transaction involves entities jointly owned and controlled by the Bhatia Family Group and the Accor Group. Interglobe Enterprises Private Limited, wholly owned and controlled by the Bhatia Family, serves as an investment holding company. AAPC Singapore Pte. Ltd., wholly owned and controlled by Accor S.A. (the ultimate holding company of Accor group), provides management consultancy services for hotels outside India.
Business Operations of Involved Entities
IGH is engaged in three primary activities: owning and developing Accor-branded hotels managed by AAPC India, leasing office building and commercial space, and providing captive consultancy and support services within India. AAPC India manages Accor-branded hotels, franchises Accor-branded properties, and provides consultancy services for Accor-branded hotels across India. Triguna functions as an investment holding company, while Caddie owns and develops Accor-branded hotels (managed by AAPC India) and leases an office tower within a hotel located in Delhi. SMPL, Techpark, and Accent, as wholly-owned subsidiaries of Triguna, are similarly engaged in owning and developing Accor-branded hotel properties.