Accor participated in the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom's leading industry experts. From 2022 to 2032, the growth rate in the GCC's tourism sector is projected to be 13.6% with a potential market value of 65.5 billion USD.
Over the course of 12 months, the trainees will participate in a comprehensive full-time hotel-based traineeship, with theoretical components delivered by TAFE Queensland. Upon completion, trainees will complete a Certificate III in Hospitality Operations.
Following a landmark year for Accor in India in 2023 with a record-breaking signing of eleven strategic hotels and the opening of six key hotels across the country, the Group is set to unveil more strategic hotel announcements in 2024 to further solidify its position as one of the largest international hotel groups by rooms in India.
Accor's Premium, Midscale & Economy Division Launches 2024 With Expansion Activity in key Regional Markets
Accor's new Employee Value Proposition is built with the ambition to bring back enchantment to the hospitality industry.
Accor announces the opening of 22 hotels and over 6,000 rooms in Japan on Monday, 1 April 2024. With these openings, the Group's footprint in Japan will instantly double increasing Accor's portfolio of hotels in Japan to 46 properties.
A strong line-up of hotel openings and brand launches expected from the Group in the first part of 2024
This share repurchase, which will amount to ?275m, is part of the ?400m share buyback program of Accor for 2024. The remaining amount of the share buyback program will be executed in the near future.
The decision, effective from March 15, 2024, was made by Euronext Paris's Expert Indices Committee following the quarterly review of the CAC 40 index.
Two of Accor's brands - luxury brand Sofitel and signature midscale brand Novotel - will together encompass a 53,000 sqm space with over 420 guestrooms and suites.