Accor S.A. | Strengthening and Consolidation in Australia

 

Accor S.A., well known French multinational company that owns, manages and franchises hotels, resorts and vacations properties headquartered in Issy - Les - Moulineaux with its division called Pacific, strengthens its position and influence in Australia with the signing of renewed partnerships with more than 40 hotels for a total of 5500 rooms in the oceanic country.

A relevant detail is that from 2022 to date, Accor Pacific's partners have already invested as much as $ 450 million in modernizations and renovations.

Among the resonance agreements that further strengthens Accor S.A. is the long-term franchise agreement with Silversea Investments which will result in investments for the renovation of Novotel Sydney Paramatta and Mercure Sydney Paramatta which at the end of the renovation will be reunited under the name of Novotel Sydney Rosehill.

These two hotels are managed by Trilogy Hotels, a hotel group that brings excellence to the hospitality industry in Australia and New Zealand for investments – grade assets based in Sydney, and the two properties will benefit from the continuation of Paramatta's infrastructure development and the opening of the new Western Sydney Airport which will take place in 2026.

Other transactions concern the Sofitel Noosa Pacific Resort, a luxury hotel that recently extended its partnership with the Accor group to become the flagship structure in the region and as reported by hotelsmag .com will unveil its renovation plans that include improvements to its positioning in the luxury segment.

The Accor Group, which has been operating for over three decades in Australia, counting with over 400 hotels of 9 brands between this country but also with units in New Zealand, French Polynesia and Fiji through Accor Pacific PM&E Adrian Williams announced that on the strength of the group's consolidated relationships with international and local hotel owners.

The hotel group has developed the largest hotel management platform in the Pacific and is the only operator to have teams operating in Adelaide, Brisbane, Cairns, Gold Coast, Hobart Launceston, Melbourne, Perth, Sunshine Coast, Sydney and also in Auckland in New Zealand and the Fiji Islands.

Link - https://www.ttgitalia.com/hotel/il-gruppo-accor-alla-conquista-dell-australia-AM20868787

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