European Travel Trends
European Travellers Confident About Spending Power
Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent, according to a new report from Accor.
Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent, according to a new report from Accor.
Accor is one of the 141 European companies that achieved an 'A' on climate change out of over 21,000 companies scored. Moreover, Accor has once again demonstrated its leadership on the climate issue by being the only company, among the leading hospitality companies, to be recognized with an 'A'.
Accor continues to make its mark across Asia, having launched 26 properties in 2023
Accor introduces one of its most diverse annual line-ups of new hotel openings to date. Across all segments and categories, Accor is opening the doors across its spectrum of 40+ hospitality brands around the world. The following is a glimpse into what Accor has in store for 2024.
Accor shared its recent signings for November 2023 throughout Asia.
Gilda Perez-Alvarado and Maxime d'Angeac are appointed Chief Executive Officer and Artistic Director of Orient Express respectively. Management of Orient Express will be based in Paris. Gilda Perez-Alvarado will remain Chief Strategy Officer of the Accor Group. Omer Acar is appointed Chief Executive Officer of Fairmont
The complex, located at 13 Jana Pawla II Avenue, will consist of two buildings connected by an above-ground walkway, Movenpick Hotel Gdynia with 176 rooms, and Waterhall Residence apartments.
As of September, Accor has already inked management agreements for a total of 42 properties, adding over 11,000 keys to its portfolio. The outlook for the remainder of 2023 includes plans to sign an additional 20 projects, bringing a 15,000+ total new keys to the region.
RevPAR up 15% Compared With Q3 2022 - Upgraded Revpar Growth Guidance For 2023 - EBITDA Expected to Improve At Between 955 Million and 985 Million
Accor today shared an update on its market leading position in the global extended stay, serviced apartments and private rentals segments including new destinations for its brand.