Accor has confirmed the signing of the first Tribe hotel in Hungary in partnership with Futureal, a real estate developer. The 250-room hotel will open in Budapest at the end of 2023.
Accor has reported consolidated revenue of €824 million for the first half of 2021. RevPAR fell by 60 per cent against the first six months of 2019.
Accor has appointed Ben Cary as vice president of development, eastern United States. Nicolas Martinez will also take up the role of vice president of development for Mexico.
SO/ Maldives will showcase a selection of 80 luxury villas, including beachfront and over-water options, all adorned with designer interiors and an audacious twist.
The lifestyle hotel, owned by the Reuben Brothers, will open its doors July following a major overhaul and complete redesign by award-winning London interior design studio Goddard Littlefair.
Accor has announced the appointment of Stephen Alden to the dual role of chief executive at Raffles and Orient Express. He will take up the position on May 3rd.
Accor has reported first-quarter revenue of €361 million for 2021. The figure is down 53 per cent on a reported basis against last year, and down 57 per cent when compared to pre-Covid first quarter of 2019.
Accor has announced the appointment of Ammar Hilal to the role of managing director of Raffles Dubai and Sofitel Dubai the Obelisk. He will take up the post with immediate effect.
Brune Poirson will report directly to Sébastien Bazin, chief executive of the company, and will become a member of the executive committee. She will start in May.
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.