Treebo Hotels to raise up to USD 50 Mn from Accor

May 13, 2019 by The Passage Team

French multinational hospitality company
, Accor, has entered into a strategic partnership with The Treebo Hotels to raise up to USD 50 Mn from Accor’s existing investors.

The partnership will see Accor’s existing investors, including Temasek, Temasek Strategic Holdings, and Temasek Strategic Holdings II, to invest in The