Category: Worldwide - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2017-03-09
- 172,000 rooms in 920 hotels in the pipeline
- 300 hotels representing 50,000 rooms signed in 2016
- Ramp up in luxury, resorts, lifestyle and residential
At a rate of one new hotel opening every 36 hours, 2016 represented another record year in AccorHotels’ development, with more than 4,100 hotels and 580,000 rooms in 95 countries around the world. As a result of a hotel development strategy driven by sustained organic growth and the acquisition of FRHI, over the past year the Group opened 230 new hotels and acquired 120 new locations, while continuing to diversify its activities.
In addition to these record results, and the continued and balanced expansion of the Group’s historical hotel brands, 2016 was marked by the Group’s development moving in new strategic directions:
The ramp-up of growth in the luxury hotel segment driven by the acquisition of FRHI. This ramp-up was subsequently reinforced in the resort segment, one of the most dynamic markets in the industry, through a strategic partnership with Banyan Tree and Rixos for a number of destinations;
The expansion of our portfolio of lifestyle brands with Mama Shelter, Jo&Joe and 25hours;
The acceleration in the development of serviced residences for extended stays and branded private residences.
But also:
The consolidation of our leadership in the luxury home rentals market due to the acquisitions of onefinestay, Squarebreak and Travel Keys, which complement our existing hotel offering and now enable us to offer almost 8,500 luxury homes globally;
The consolidation of our leadership in Brazil with the integration of 26 Brazil Hospitality Group (BHG) hotels.
“In a single year, AccorHotels has opened 38,000 rooms across all segments and acquired 43,000 rooms, which represents a record for the Group. With more than 920 hotels and 172,000 rooms in the pipeline, our aim over the coming months is to consolidate our global presence as well as the leadership position secured by AccorHotels last year in the luxury, resort, lifestyle and private rental segments. We are also very proud to have signed this year some iconic hotels including the Fairmont Century Plaza Los Angeles (394 rooms and, among others, 63 private residences), the Sofitel Reforma in Mexico (290 rooms), the So Kuala Lumpur (213 rooms), the Novotel Dubai Burj Khalifa (261 rooms) or the ibis Styles in Moscow (240 rooms)” said Gaurav Bhushan, Chief Development Officer of AccorHotels.
ABOUT ACCORHOTELS
AccorHotels is a world-leading travel & lifestyle group and digital innovator offering unique experiences in more than 4,100 hotels, resorts and residences, as well as in over 3,000 of the finest private homes around the globe. Benefiting from dual expertise as an investor and operator through its HotelServices and HotelInvest divisions, AccorHotels operates in 95 countries. Its portfolio comprises internationally acclaimed luxury brands including Raffles, Sofitel Legend, SO Sofitel, Sofitel, Fairmont, onefinestay, MGallery by Sofitel, Pullman, and Swissôtel; as well as the popular midscale and boutique brands of 25hours, Novotel, Mercure, Mama Shelter and Adagio; the much-prized economy brands including JO&JOE, ibis, ibis Styles, ibis budget and the regional brands Grand Mercure, The Sebel and hotelF1. AccorHotels provides innovative end-to-end services across the entire traveler experience, notably through the recent acquisition of John Paul, world leader in concierge services.
With an unmatched collection of brands and rich history spanning close to five decades, AccorHotels, along with its global team of more than 240,000 dedicated women and men, has a purposeful and heartfelt mission: to make every guest Feel Welcome. Guests enjoy access to one of the world’s most rewarding hotel loyalty programs - Le Club AccorHotels.
AccorHotels is active in its local communities and committed to sustainable development and solidarity through PLANET 21, a comprehensive program that brings together employees, guests and partners to drive sustainable growth.
Accor SA is publicly listed with shares trading on the Euronext Paris exchange (ISIN code: FR0000120404) and the OTC marketplace (Code: ACRFY) in the United States.
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