Group overview: Accor to open over 500 hotels
The TOPHOTELPROJECTS construction database reveals that Accor plans to launch hundreds of hotel schemes in the coming years, with a particular focus on China.
French hospitality giant Accor is seeking to add 517 hotels with a total of 114,832 keys to its global portfolio over the next few years, our research shows. We look at its growth plans in more detail.
Accor’s opening plans by year
2021 is shaping up to be a packed year for Accor, with 195 openings and 41,238 rooms on the cards worldwide. Things will be almost as busy in 2022 as well – it’s lining up 142 new hotels and 31,604 keys for next year.
In 2023, however, the rate of new openings will slow quite drastically; so far, only 41 projects with 10,010 rooms are in the pipeline. For 2024 and beyond, another 139 hotels schemes with 31,980 keys have already been pencilled in.
Accor’s main growth regions
APAC dominates Accor’s development slate on a region-by-region basis, with 222 projects and 50,883 rooms. China’s the liveliest market – 100 hotels and 24,145 keys are on the books here. But the company’s also expanding considerably in Vietnam, where it has 20 schemes and 5,007 rooms on the horizon.
Europe comes in second overall, albeit a distant one, with 107 new hotels and 18,851 keys, followed by the Middle East with 70 upcoming launches and 20,258 new rooms. Interestingly, almost a third (21) of Accor’s projects across the Middle East are happening in Saudi Arabia, with another 19 heading to the UAE.
Africa will see 62 Accor hotels opening, growing the company’s footprint on the continent by 15,358 rooms; a third of these projects (20), and nearly half of Africa’s new key count (8,212), are in Egypt alone. Only 33 properties are planned for North America, while 23 are being progressed in Latin America.
Accor’s most active hotel brands
Novotel will grow the most in the coming years, adding 70 hotels and 17,098 rooms to its global portfolio. Not far behind, Mercure Hotels will open 51 properties with 79,360 keys, followed by Mövenpick Hotels & Resorts with 48 upcoming launches and 13,405 rooms.
Pullman Hotels & Resorts and Banyan Tree Hotels & Resorts have 46 and 37 projects in their respective pipelines.
New Accor hotels worth highlighting
The 62-storey Fairmont Kuala Lumpur will offer 690 well-appointed rooms in the same development as the iconic Petronas Twin Towers. It’ll feature six dining outlets, 2,787 sq m of meeting and banqueting space, and a variety of recreational facilities including a swimming pool, health club and spa. A partnership project between KLCC Property and Qatari Diar Real Estate Investment, the hotel should be completed by late 2022.
In Q2 2022, meanwhile, Pullman Hai Phong will open in one of Vietnam’s largest cities. Developed by Hai Phong Cement Company and DASO Group, and located on Flamboyant Island (yes, that’s the name), this 320-room hotel will cater for an increasing number of visitors to the northern parts of Vietnam who want an international upscale hotel. The property will feature three restaurants, two bars, a ballroom, meeting rooms, indoor and outdoor swimming pools, an entertainment centre, a spa and an amphitheatre.
And finally, over in Bangladesh, the Bengal Group of Industries is working with Accor to bring the first Swissôtel-branded property to the country. Swissôtel Dhaka is slated to open in late 2022 as part of the new Gulshan business district. It’ll boast 350 guest rooms, six restaurants and bars, 950 sq m of event space, a spa and a swimming pool, all just 12 km away from the city’s international airport.
Many TOPHOTELNEWS articles draw on exclusive information from the TOPHOTELPROJECTS construction database. This subscription-based product includes details of thousands of hotel projects around the world, along with the key decision-makers behind them. Please note, our data may differ from records held by other organisations. Generally, the database focuses on four- and five-star schemes of significant scale; tracks projects in either the vision, pre-planning, planning, under-construction, pre-opening or newly opened phase; and covers newbuilds, extensions, refurbishments and conversions.
Related Articles
Standard International announces bold European expansion plans
The bold European expansion of this lifestyle hospitality brand builds on the success of 2019-launched The Standard, London, and 2022-opened The Standard, Ibiza. Brussels arrival Of these three forthcoming properties, The Standard, Brussels is expected to open in the...
UK portfolio set for expansion
Thai investor has DTGO has restructured ownership of its UK hotel portfolio, ahead of plans to expand and upgrade its holdings. The group has owned 17 UK hotels since acquiring them in late 2019 from Marathon Asset Management. The properties are operated under...
Club Med lays out upgrade plans
The group, which has been shifting its product upmarket with new openings, has also launched a new Exclusive Collection Space concept, to be developed within its resorts. These spaces will feature exclusive private spaces for those who upgrade, with the first being...
LOTTE HOTEL SEOUL Chefs Win Gold and Silver at IKA Culinary Olympics in Germany
LOTTE HOTEL SEOUL announced that its Chef Sin Ji-hun and Pâtissier Bae Yeong-san won gold and silver medals, respectively, at the IKA Culinary Olympics 2024 in Germany. The IKA Culinary Olympics, held every four years, is a long-standing culinary competition that...
Slatto backs new Nordic hotel chain
Swedish investment group Slatto has revealed plans to back a new hotel chain that it plans to roll out across Scandinavia. The chain, whose name has yet to be revealed, will launch in 2025 with its first hotel due to open in Falkenberg, southern Sweden. Slatto has...
Choice Hotels EMEA grows Clarion portfolio with Shakespeare Country hotel
The 16th-century property is located just 10 minutes away from Stratford-upon-Avon and is one that promises to come with authentic experiences under its newly refreshed Clarion brand. Growth across the UK The 100 percent franchise-focused company, Choice Hotels EMEA,...