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January 7, 2014 - The Accor Group has just announced the signing of a brand-new hotel complex in Seoul's Yongsan neighbourhood for 2017.

The beautiful complex will house emblematic brands: Novotel, Suite Novotel, ibis Styles, and to top it all off, Grand Mercure. These four exceptional hotels will have a total capacity of around 2,000 rooms and will make up the largest hotel complex in the country. Ideally situated between a shopping centre and the Yeouido financial district, the site is also a stone's throw from the centre of the South Korean capital. This signing is important because the site will host the first ibis Styles, Suite Novotel, and Grand Mercure hotels in South Korea.

Accor is currently the largest hotel chain in South Korea, with 12 hotels spread throughout 5 cities, totalling almost 3,500 rooms.

Michael Issenberg, Accor's Chairman and Chief Operating Officer for Asia-Pacific region, said: "This is the largest hotel project we have signed in Asia so far, which will strengthen our position as the largest international hotel operator in South Korea ". 

Patrick Basset, Senior Vice President for Accor South Korea, Thailand, Vietnam, Cambodia, Laos, Myanmar and the Philippines, said: "This new hotel project is a great reflection of 26 years of successful partnership between Accor and Ambassador Group in Korea".   

Kwon Tae-Wook, Chief Representative of Accor-Ambassador Korea, stated, "We are happy to have been chosen as a partner for the Yongsan hotel development project. This is a unique hotel-building project not only because of its scale, but also because of the wide range of services it will provide." 

But that's not all for the Group. In addition to this large-scale project, Accor will also be opening ibis budget hotels in the cities of Dongdaemun and Chungmuro, as well as in Seoul, Busan, and lastly, Haeundae. There are also plan for a Novotel in Suwon.

About Accor

Accor, the world's leading hotel operator and market leader in Europe, is present in 92 countries with more than 3,500 hotels and 450,000 rooms. Accor's broad portfolio of hotel brands - Sofitel, Pullman, MGallery, Grand Mercure, Novotel, Suite Novotel, Mercure, Adagio, ibis, ibis Styles, ibis budget and hotelF1 - provide an extensive offer from luxury to budget. With more than 160,000 employees in Accor brand hotels worldwide, the Group offers its clients and partners 45 years of know-how and expertise.www.accor.com

Contact: Media Contacts - Charlotte Bourgeois-Cleary Vice President, Global Media Relations or Elodie Woillez

+33(0)145388484 or +33(0)145388708

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