Accor has appointed Cyrus Madan as Director of Development, India & South Asia. With nearly three decades of rich experience across hospitality management and hotel business development, Madan brings his deep understanding of the industry and a strategic vision to his new role. His expertise in strategy & business development, client relationship and deep understanding of complex market dynamics will play a vital role in driving Accor's growth in the region Madan has held leadership positions across renowned hospitality brands including Lemon Tree Hotels and Atmosphere Hospitality, and began his professional journey with the Taj in New Delhi.
An alumnus of the Welcome Group Graduate School of Hotel Administration, his expertise in strategy & business development, client relationship and deep understanding of complex market dynamics will play a vital role in driving Accor's growth in the region. His appointment reinforces Accor's commitment to building a robust leadership team as the group continues to expand its presence and partnerships across the region.
Accor is the No. 1 European hotel group. Net sales break down by activity as follows:
- operating hotels under management contract (70.9%; HotelServices);
- owned and leased hotel management (29.1%). In addition, the group offers a business of renting luxury private residences, as well as providing digital services to independent hoteliers, concierge services, etc.
At the end of 2025, the group operates a network of more than 5,600 hotels distributed between luxury and top-range hotels (Raffles, Fairmont, Sofitel, Pullman, MGallery, Swissotel, Grand Mercure, Mövenpick, The Sebel and Rixos names), mid-range hotels (Novotel, Novotel Suites, Mercure, adagio, Mama Shlter and Tribe), and economy hotels (ibis, ibis Styles, ibis budget, adagio access, hotelF1, Formule 1, Jo&Joe, Breakfree and Greet).
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