Brands
Treebo inks Accor and InterGlobe deal, aims for budget hotel expansion
MUMBAI: Treebo Hospitality Ventures has announced a major strategic partnership with global hospitality giant Accor and travel conglomerate InterGlobe Enterprises. The deal grants Treebo an exclusive master license to expand Accor’s ibis, ibis Styles, ibis budget, and Mercure hotel brands across India.
“Delighted to announce our strategic partnership with global hospitality leader Accor and travel powerhouse InterGlobe Enterprises,” said Treebo co-founder & CEO Sidharth Gupta. “Growing these brands in India is a huge opportunity and responsibility for us, and we are committed to deliver on the trust that Accor has shown in us.”
The agreement will see Treebo spearhead the growth of these Accor brands, which collectively represent over 3,500 hotels worldwide. Accor and InterGlobe are also doubling down on their financial commitment, acquiring a “large minority stake” in Treebo.
Treebo’s core business, Treebo Hotels, focuses on the premium-budget segment, boasting over 600 hotels across 100+ cities in India. The company emphasises technology-driven quality control, aiming to provide affordable and reliable accommodations. This new partnership with Accor and InterGlobe positions Treebo for significant expansion, potentially reshaping the Indian budget hotel landscape.
Brands
Primus Partners appoints Akasa Air co-founder Neelu Khatri as independent director
Veteran aviation and defence professional joins as independent director
NEW DELHI: Primus Partners has appointed Neelu Khatri, a founding member of Akasa Air, as an independent director, strengthening the consulting firm’s board as it prepares for its next phase of growth.
Khatri brings more than three decades of experience across defence, aviation, aerospace technology and consulting. She was part of the core team that helped build Akasa Air from concept to launch, contributing to what has been widely described as one of the fastest airline scale ups in recent aviation history.
At Primus Partners, she will provide strategic guidance on corporate governance and help steer the firm’s long term growth plans. Her experience of building a start up into a full scale organisation is expected to support the consulting firm as it expands its footprint.
Primus Partners co-founder and chairperson Davinder Sandhu, said the appointment brings valuable expertise to the board. “Neelu’s journey across defence, aviation and consulting brings a rare blend of operational insight and strategic thinking. Her experience in rapidly scaling Akasa Air will be invaluable as we continue to grow while maintaining a strong focus on corporate governance,” he said.
Primus Partners, an India headquartered management consulting and solutions firm, has emphasised governance and board oversight since its early days. The company has also taken an unconventional approach by inviting its Gen Z employees to attend board meetings so that younger perspectives can contribute to discussions.
Speaking on her appointment, Khatri said the consulting sector is entering a transformative period shaped by emerging technologies. “The industry is evolving rapidly with the rise of AI. This is an exciting moment for an Indian origin consulting firm like Primus Partners to expand its product offerings and strengthen its presence globally,” she said.
She added that as the firm pursues ambitious expansion plans, her focus will be on ensuring strong governance frameworks and effective risk management as the organisation scales.
