accor
Accor – First Half 2024: Solid Performances in Line With Growth Targets
Accor | July 25, 2024
REVPAR up 6% in the first half compared to H1 2023 - Net unit growth accelerated to 4.1% over the last 12 months Revenue up 11% to €2,677M EBITDA up 13% to €504M Earnings per share up 11% to €0.90 Once again in this first half-year, Accor posted solid performances, in line with the medium-term outlook we presented to our investors last year. This demonstrates the strength of our model, the operational and financial discipline of our teams, and the strong momentum of the Group and its brands. Activity in the second quarter remained strong in all regions and for all our brands, our pace of development accelerated and our le...
Accor Signs Dual-Branded Project Banping Island in Wenzhou
Accor | July 23, 2024
Accor Greater China today announced the signing of a unique dual-branded project on Banping Island in Wenzhou, featuring the debut of Peppers Edge – a new regional brand extension of Peppers, a premium guesthouse concept originating from Australia. The 235-room Peppers Edge hotel will be joined by a 135-room MGallery luxury resort hotel. MGallery and Peppers Edge Wenzhou Banping Island are expected to open in late 2027. The resort will provide both leisure and business guests with an intimate and personalized style of hospitality, centered around environmental sensitivity, memorable experiences connected to nature and community, ...
Raffles Hotels & Resorts to Debut Storied Brand in Tokyo
Accor | July 22, 2024
TOKYO, 22 July 2024 – Raffles Hotels & Resorts, a leading luxury hotel brand of Accor, alongside World Trade Center Building, Inc. and Tokyo Tatemono Co., today announced plans to debut the storied brand in Tokyo. Part of the redevelopment of the Tokyo’s iconic World Trade Center (WTC) in the Hamamatsuchō district, the hotel is expected to open in 2028, giving guests the opportunity to explore Japan’s capital city through the enchanted world of Raffles. “We are delighted to grow the Raffles global family with Raffles Tokyo, which will feature the brand’s world-renowned hallmarks including personalised Butler Service and an i...
Accor Signs New Novotel Property on Egypt’s North Coast
Accor | June 24, 2024
ACCOR STRENGTHENS ITS FOOTPRINT IN EGYPT WITH THE SIGNING OF NOVOTEL SIDI ABD EL RAHMAN ON THE MEDITERRANEAN COAST Accor is pleased to announce the signing of a partnership agreement with Egypt’s Q Real Estate Development Company to develop a new Novotel property – Novotel Sidi Abd El Rahman. Debuting on Egypt’s idyllic northern Mediterranean coast, an increasingly popular tourist destination, the hotel is set to open in 2027, featuring 240 spacious and modern rooms as well as a host of thoughtful wellbeing and entertainment offerings. Novotel Sidi Abd El Rahman is the latest announcement for Egypt’s northern coastline, wh...
Accor Signs With Terres de Légendes for Conversion of Saint Martin’s Beach Plaza Hotel to MGallery Property
Accor | June 18, 2024
Accor, a world-leading hospitality group, in partnership with Terres de Légendes, is thrilled to announce the signing of a new hotel development, The Whimsy Hotel & Spa Saint-Martin – MGallery Collection. Located in the vibrant heart of Saint-Martin, it will be the first MGallery hotel to open in the Caribbean, a strategic location for the ongoing growth and development of the boutique-hotel collection brand MGallery. Nestled along the pristine beaches of Saint-Martin, close to Marigot on the French side of the island, the hotel serves as an enchanting coastal haven, celebrating the island's rich cultural heritage while drawing insp...
Almost Every Hotel or Resort Customer Reads Guest Reviews
Accor | June 17, 2024
A staggering 97% of hotel guests have consulted guest reviews when looking to book a stay in a hotel or resort, according to a new report from Accor, a world leading hospitality group. The report, based on research1 carried out amongst 5,000 travellers across five European countries who stayed in a hotel or resort during the last 12 months, reveals that almost four in ten (38%) guests do so every time they book a stay, and a further 38% do so most of the time. According to the study, guest reviews and ratings are the second most important factor in the booking decision process, ranking just behind rooms and amenities, and surpassing cri...
Dieter Schmitz Named General Manager of Sofitel New York
Sofitel New York | June 11, 2024
The appointment brings Schmitz back to New York City to focus on rejuvenating the luxury Midtown Manhattan hotel. NEW YORK – June 10, 2024 – Dieter Schmitz, a seasoned hotelier with over two decades of experience, has joined Sofitel New York as general manager. The appointment brings Schmitz back to New York City to focus on rejuvenating the luxury Midtown Manhattan hotel. Schmitz’s accomplishments are marked by a keen focus on orchestrating successful launches, rejuvenation and repositioning high-profile flagship assets for brands like IHG, Marriott and independent luxury properties such as Riggs DC. He’s spearheaded eight luxu...
Accor Signs With Naia Developments for Two Swissôtel Properties in Ras El Hekma
ACCOR | June 10, 2024
Set to open in Q3 2027, Swissôtel Ras El Hekma and Swissôtel Residences Ras El Hekma will offer 250 keys and 100 branded residences. Accor, a world-leading hospitality group, has signed a milestone agreement with Naia Developments to develop two Swissôtel addresses, marking the brand’s debut on Egypt’s Mediterranean coast in Ras El Hekma. The partnership agreement will see Accor operate Swissôtel Ras El Hekma and Swissôtel Residences Ras El Hekma, both of which are set to open in Q3 2027, strengthening Accor’s presence on the North Coast of Egypt. Boasting a prime seafront location, Swissôtel Ras El Hekma and Swissôt...