Accor northern Europe sees signings surge – Hotel Owner

Accor has revealed it signed 25 accommodations in Northern Europe in December alone, bringing Northern Europe’s complete resort signings to 89 (13,000 rooms) in 2021.

It mentioned 2021 noticed sturdy improvement throughout Accor’s Northern European area, which at present consists of greater than 1,100 accommodations throughout a portfolio of greater than 20 manufacturers spanning 31 international locations from Ireland to Russia.

The UK ended the yr with 13 signings with “notable growth” throughout Accor’s financial system, midscale and life-style phase and including an additional 500+ rooms to the group’s London portfolio.

The yr closed with the signing of Hyde Paradox Hotel London City, which will probably be coming quickly to the historic location by the Old Bailey within the coronary heart of London. The 110-room property will occupy the 15 Old Bailey, initially referred to as the ‘Spiers and Pond Hotel’. It was inbuilt 1874 by architect Evans Cronk and transformed to workplace use within the early 1900’s.

The newest re-conversion by Hyde London City house owners, OB Capital seeks to return the asset “back to the iconic hotel that it once was”. The property is anticipated to open in 2023. Hyde Hotels, Resorts and Residences is a part of Ennismore, a three way partnership with Accor, fashioned in 2021.

Germany, Poland, Russia and the Benelux additionally “continued to dominate” with sturdy signings in every area. Eastern Europe stays a powerful pipeline for the group with a number of signings in international locations together with Albania, Croatia, Georgia, Hungary, Moldova, Montenegro and Romania.

Duncan O’Rourke, CEO Accor Northern Europe, mentioned: “The tempo of improvement has accelerated all through 2021 reflecting each our and our associate’s confidence available in the market’s return. The geographical progress of our area and model portfolio in recent times has ready the enterprise for enlargement at tempo because the world strikes firmly in the direction of restoration.

“Our ambition and pipeline for 2022 and beyond remains strong, as do our brands and hotel talents. The covid-years have been a split focus – managing the impact of the crisis today and planning for the recovery tomorrow. Tomorrow is here and our recovery is strong, as is our future.”


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