Accor Strengthens Asia Presence with 27 New Hotel Signings in 2024

Accor Strengthens Asia Presence with 27 New Hotel Signings in 2024

By Nishang Narayan

Published on November 18, 2024

Accor is making waves in the Asian hospitality sector with an impressive 27 new hotel signings in 2024, adding 8,117 keys to its portfolio across eight countries. The expansion reinforces Accor’s standing as the largest international hotel operator in Asia, where it already operates 495 hotels and over 110,647 keys across 19 brands in 13 countries.

This year's signings showcase Accor’s focus on premium, midscale, and economy (PM&E) segments, alongside its luxury and lifestyle (L&L) offerings. Renowned brands like Novotel, ibis, Pullman, Mövenpick, Raffles, and Sofitel lead the charge, with a significant emphasis on conversion-friendly options such as Mercure, Handwritten Collection, and ibis Styles.

Key Highlights of 2024

  • India: Accor will debut its first property in Varanasi with the signing of Pullman Varanasi, a landmark addition to one of the world’s oldest cities. India remains a high-potential market, with five deals signed this year.
  • Vietnam: A booming market for Accor, with ten signings including Sofitel Sapa Hotel & Residences, TRIBE Saigon Airport, and Grand Mercure Living Saigon Riverside. These properties cater to diverse traveler preferences, from luxury to extended stays.
  • Indonesia: New projects include Kapuk Hills Hotel Jakarta – Handwritten Collection and Novotel Medan, further bolstering Accor’s presence in this vibrant market.
  • Japan: Accor continues to grow its premium offerings with the signing of Pullman Tokyo Ginza and plans to debut Raffles Tokyo in 2028.

Garth Simmons, COO of Accor’s Premium, Midscale, and Economy Division in Asia, commented:
"Asia remains a dynamic market, and our 2024 signings demonstrate our commitment to offering distinctive hospitality experiences while meeting the growing demand from travelers and owners alike."

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Strategic Growth Across Diverse Brands
Accor’s multi-segment approach ensures travelers find a brand experience that suits their needs, whether they prefer budget-friendly stays or high-end luxury. With 239 hotels in its development pipeline, Accor is poised to maintain its market dominance across Asia’s hospitality landscape.

From India to South Korea, Vietnam, and Japan, Accor’s robust expansion reflects its adaptability and commitment to creating meaningful hospitality experiences for modern travelers. The group's ability to cater to a diverse range of markets and its focus on both conversions and new builds underline its long-term growth strategy in Asia.


Fire at Dominican Republic Beach Resort Claims One Life, Nearly 1,700 Guests Evacuated

Fire at Dominican Republic Beach Resort Claims One Life, Nearly 1,700 Guests Evacuated

By Manu Vardhan Kannan

Published on June 22, 2026

A major fire broke out at the Viva Wyndham Dominicus Beach resort in Bayahibe, Dominican Republic, on Friday, claiming the life of one tourist and forcing the evacuation of nearly 1,700 guests.

According to DAEH emergency services, the victim was a 46-year-old Italian tourist. Three individuals were taken to medical facilities for treatment, while six others received medical assistance at the resort. At the time of the incident, the property was operating at 84 per cent occupancy.

Drone footage from the scene showed flames spreading across multiple buildings within the beachfront resort, with thick black smoke rising into the sky. Emergency teams responded quickly and worked to bring the situation under control.

Authorities have not yet confirmed the cause of the fire. However, preliminary findings indicate that strong winds and the presence of flammable thatched roofs on some of the resort buildings may have contributed to the rapid spread of the flames.

The Emergency Operations Center (COE) confirmed that the fire was successfully contained and that all guests were relocated to other hotels. Officials also stated that tourism activities in Bayahibe and nearby areas were not affected by the incident.

Italian news agency Ansa reported that the Italian ambassador to the Dominican Republic met the victim's husband at the hospital. The Italian embassy is assisting approximately 285 Italian tourists who were staying at the resort or nearby properties. Support measures include issuing emergency passports to travellers whose documents were lost in the fire and arranging return flights where required.

Bayahibe is a popular Caribbean resort destination known for its beaches and clear waters, attracting visitors from around the world throughout the year.

In a statement, Wyndham Hotels & Resorts said that hotel teams safely evacuated guests and staff during the emergency. The company confirmed the death of one guest and stated, "We send our thoughts to the family while we await autopsy results to determine the cause."

The hotel, which is independently owned and operated under the Wyndham brand, has been temporarily closed and will remain shut until further notice as investigations continue.


FIFA 2026 Highlights: Brazil Beats Haiti by 3 Goals as Hospitality Sector Awaits Travel Surge

FIFA 2026 Highlights: Brazil Beats Haiti by 3 Goals as Hospitality Sector Awaits Travel Surge

By Manu Vardhan Kannan

Published on June 21, 2026

The FIFA 2026 group stage continued to deliver exciting action, with Brazil registering a convincing 3-goal victory over Haiti in their Group C encounter. The win further strengthens Brazil's position as the tournament progresses through its early stages.

In other group matches, Paraguay secured a narrow one-goal win over Turkiye in Group D, while Morocco also recorded a 1-goal victory against Scotland, adding more competition and excitement to the race for qualification.

Away from the football field, the hospitality industry across several host cities is closely tracking visitor demand during the tournament. According to data from real estate analytics company CoStar, hotel bookings on match days in some host cities, including New York, Toronto, and Miami, have remained lower than levels recorded during the same period last year.

FIFA had projected that international travellers would account for around 40 per cent of World Cup visitors. However, aviation data firm Cirium reported that flight bookings made before June from the European Union to several host cities during June and July declined compared to last year. Bookings to Kennedy Airport in New York were down by more than 15 per cent year-on-year, while bookings to San Francisco International Airport fell by nearly 10 per cent.

Many hotels had increased room rates significantly in anticipation of strong World Cup demand, with some properties pricing rooms up to 500 per cent above average levels. However, rates have gradually softened across several host destinations. According to Lighthouse Intelligence, Vancouver and Monterrey recorded some of the largest price adjustments, with room rates returning closer to last year's levels except for spikes of around $100 to $200 on match days.

Despite softer-than-expected booking trends, certain cities have experienced strong occupancy during major fixtures. When Argentina and Algeria played the first match in Vancouver on June 16, metro hotels were either sold out or operating at occupancy levels of 80 to 85 per cent, according to Andrea O'Hara, Executive Director of the Hotel & Lodging Association of Greater Kansas City.

Industry observers point to several factors affecting travel demand, including rising travel costs, reduced business travel, the location of some matches, and ongoing challenges related to international travel. Nevertheless, hospitality leaders remain optimistic about the weeks ahead.

Rosanna Maietta, Chief Executive of the A.H.L.A., said hotels are hopeful of a late booking surge as fans finalise travel plans for the knockout rounds and later-stage matches. Industry experts also noted that many travellers are booking closer to their travel dates and opting for shorter stays than initially expected.

With several high-profile matches still to come, the hospitality sector remains hopeful that visitor numbers will strengthen as FIFA 2026 moves into its decisive stages.


FIFA 2026 Highlights: Canada Thrashes Qatar, Switzerland Secures Big Win as World Cup Demand Boosts Retail Sector

FIFA 2026 Highlights: Canada Thrashes Qatar, Switzerland Secures Big Win as World Cup Demand Boosts Retail Sector

By Manu Vardhan Kannan

Published on June 20, 2026

The FIFA World Cup 2026 continued to deliver exciting action as Canada registered an emphatic six-goal victory over Qatar in Group B, strengthening its position in the tournament. In another Group B fixture, Switzerland secured a comfortable four-goal win against Bosnia and Herzegovina, showcasing a strong all-round performance.

Meanwhile, in Group A, Mexico held a one-goal advantage over South Korea as the match progressed, keeping fans on the edge of their seats in a closely contested encounter.

Beyond the action on the pitch, the tournament is also creating a significant impact on travel and retail sectors across North America. According to AirDNA, booking activity has surged in several host markets following the announcement of match schedules and team allocations.

The company had projected that reservations could double or even triple once fans began planning trips around specific teams and fixtures rather than the tournament itself. That trend has now become visible across multiple host cities.

Miami witnessed a 244 percent increase in short-term rental demand surrounding the announced Brazil-Scotland fixture, while Kansas City recorded a 377 percent year-on-year rise after its group-stage matches were confirmed. These figures suggest that travel demand is being driven largely by the teams and matchups assigned to individual cities rather than host-city status alone.

With 48 national teams participating in the tournament, host cities are expected to welcome supporters from around the world. This is expected to generate increased demand across sectors such as apparel, sporting goods, team merchandise, food and beverage, convenience retail, and experiential retail concepts.

Industry observers also expect spending to be concentrated around entertainment districts, mixed-use developments, and pedestrian-friendly retail zones where fans gather before and after matches. These areas are likely to benefit from increased visitor traffic as supporters come together to watch games, celebrate results, and enjoy the World Cup atmosphere.

As FIFA World Cup 2026 progresses, its influence is extending beyond football, creating new opportunities for travel, hospitality, and retail businesses across host destinations. The tournament continues to demonstrate its position not only as a global sporting event but also as a major consumer and tourism driver.

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