Accor's 300-hotel target by 2030 was never going to hinge on Treebo alone, but the exit strips out the one partner that gave the joint venture genuine reach into the tier-two and tier-three towns.
The deal aimed to expand Accor's presence in tier-two and tier-three towns in India.
The exit was strategic, as Accor's growth plans were not solely dependent on Treebo.
Accor targets to have 300 hotels in India by 2030.
Losing Treebo removes a key partner for reaching smaller markets.