Katara Hospitality has announced a new partnership with Accor, a world-leading hospitality group, for an exciting new evolution of the iconic Delano brand, Maison Delano.
Accor, however, said it was “ideally positioned to benefit from the recovery” this year, citing the global vaccine roll out and a gradual recovery in tourism.
The French company said the sale of 1.5 per cent of the Chinese company would reap the benefits of the initial investment, while also simplifying its balance sheet.
The facility was designed by an Italian architect and interior designer Luca Scacchetti, who integrated elements of the Moldavian culture at all levels.
The global strategic partnership is focused on expanding the brand around the globe. The deal was revealed earlier by Alan Faena and Sébastien Bazin, chief executive of Accor.
The first hotel to open in Traralgon, Australia, in more than ten years, Mantra Traralgon is set to become a destination of choice for business travellers and leisure guests.
Accor has opened the doors to Australia’s first Mövenpick hotel, Mövenpick Hotel Hobart. The property stands on one of Hobart’s principal heritage streetscapes near the waterfront.
Pullman Khao Lak Resort has opened its doors, introducing a new era of elegant Thai hospitality, ancient heritage and intuitive design to this hot and up-and-coming beachfront destination.
Accor has announced the launch of a website entirely dedicated to the rental of private residences and extended stay hotel properties. Brands on offer include Adagio, Mantra, and Hyde Living.
Accor will merge its lifestyle brands with London-based group Ennismore. The new entity will be two-thirds owned by Accor and one-third owned by Ennismore founder Sharan Pasricha.
Under the terms of partnership, the French hospitality giant is taking full ownership of assets including the Delano, Mondrian, Hyde and SLS brands.