Accor S.A. | Portfolio Expansion Across Sub - Saharan Africa with the Development of Five Hotels

 Accor S.A., French multinational hospitality company based in Issy - les - Moulineaux has signed a master development agreement with Mayan Properties, a UAE - based real estate and hospitality company with a focus on projects in Africa delivering projects in hospitality, residential, infrastructure, and islands development, operating under Resources Investment Company, an investment firm headquartered in Abu Dhabi to develop five hotels across Sub - Saharan Africa, adding more than 1.100 keys to its regional portfolio.  

The agreement aligns with Accor’s strategy to accelerate growth in the region and Mayan Properties’s aim to channel UAE - backed, sustainable investment into tourism. 

According to the companies, the developments are intended to support business and leisure demand while creating jobs and boosting local economies.  

The plan includes the Mövenpick Moroni in Comoros, a 159 - key conversion, and Novotel Nouakchott in Mauritania, with further projects to follow in key destinations.

 Accor S.A. currently operates more than 175 properties across the African continent with over 33.000 keys across 15 brands and with 60 - plus properties in development.

Link 
https://atta.travel/resource/accor-and-mayan-sign-five-hotel-development-for-sub-saharan-africa.html

No comments:

Post a Comment

Thanks a lot to read and note.

Tilden Hotel, San Francisco, California, U.S. | Reopened its Doors following Extensive Renovations, Introducing New Dining Options and Meeting Spaces

The Tilden Hotel , a modern boutique hotel situated at 345 Taylor Street close to Union Square, Moscone Center and the Theatre District in...