| The Luxury and Upscale segment recorded very strong growth in 2017, with figures doubling compared to 2016. In this segment, 30 hotels opened and another 60 have been signed during the year, mainly in Asia-Pacific (59%) and Africa-Middle East (24%). In addition to its iconic brands, the portfolio is expanding in the lifestyle segment, with 15 SO/ hotels projected by 2022, and in resorts with Banyan Tree and Rixos. The development of hotel residences and private properties under the Luxury and Upscale brands is also a major focus with more than 50 projects in development.
Gaurav Bhushan, Chief Development Officer at AccorHotels, said, “Our development strategy is very simple: to remain the leader in the markets where we are dominant and to accelerate growth in emerging markets. The Group’s extensive portfolio of brands and its acquisition and innovation policy therefore play a key role in our development. We signed some flagship projects in 2017, including Raffles hotels, in London and Dubai in particular. The SO/ brand is also taking off in the luxury segment, while MGallery is the fastest growing brand in this segment. The signing of the Mercure Dubai (1,115 rooms), which is set to become the largest Mercure in the world, and the current renovation of ibis Barcelona are also examples of our continued fast paced growth and innovation in the midscale and economy segment.”
REGIONAL HIGHLIGHTS:
CENTRAL AND NORTH AMERICA
AccorHotels operates 80 hotels in Central and North America, more than half of which are in the luxury segment. In 2017, several new developments were announced in North and Central America, with a secure pipeline of more than 4,100 new hotel rooms. With robust growth plans, the Group aims to expand its presence in the region and to introduce new brands to the portfolio in key strategic markets.
2017 development highlights include:
Fairmont Century Plaza, USA
Fairmont St Lucia, Caribbean
ibis Styles New York La Guardia Airport, USA
EUROPE
In 2017, AccorHotels further accelerated its organic growth with the signing of 145 projects representing almost 17,000 rooms (up 40%) in order to consolidate its leadership in this region. With two new iconic, market-leading brands (25 Hours and Rixos), Accorhotels is affirming its new ambitions in the Luxury, Lifestyle and Resorts segments in Europe.
2017 development highlights include:
MGallery Le Louis Versailles Chateau, France
Novotel London Canary Wharf, UK
ibis budget Amsterdam City South, Netherlands
MIDDLE EAST / AFRICA
AccorHotels was the fastest expanding hotel group in this region in 2017. With a pipeline of 32,000 rooms and a target of 50,000 by 2020, the Middle East and Africa region is a central focus of the expansion of AccorHotels, which has introduced new disruptive brands such as Mama Shelter, MGallery and 25 Hours.
2017 development highlights include:
Fairmont Royal Palm Marrakech, Morocco
Mercure Dubai Barsha Heights Hotel Suites & Apartments, UAE
ibis styles Nairobi Westlands, Kenya
ASIA-PACIFIC
As the leading operator in Asia-Pacific, AccorHotels has 830 hotels in Asia-Pacific, including 245 in the luxury segment. Asia-Pacific accounts for 47% of the Group’s global pipeline and will continue to grow in importance on a global scale as the world’s fastest growing travel region.
2017 development highlights include:
Sofitel Singapore City Centre, Singapore
Mercure Dwarka Gujarat, India
ibis Styles Ulaanbaatar Polaris, Mongolia
SOUTH AMERICA
AccorHotels opened 52 hotels in 2017 in South America, which included the acquisition of 21 BHG management contracts. Today, AccorHotels operates 330 hotels and 52,000 rooms, including 280 hotels in Brazil (45,000 rooms), and more than 90 hotels in the pipeline. The goal is to reach 500 hotels in the region by 2020.
2017 development highlights include:
Fairmont Rio de Janeiro Copacabana, Brazil
Pullman Rio de Janeiro São Conrado, Brazil
ibis and ibis budget in Copiapó, Chile |
