Hotel giant Accor plans Asia-Pacific expansion

Jakarta, Indonesia – 12 December 2013 – Hotel giant Accor said Wednesday it plans to open more than 200 hotels in the Asia-Pacific in the coming years, highlighting continued confidence in the region despite slowing growth in key markets.

A total of 227 hotels should open “in the next three to four years”, meaning more than 49,000 extra rooms, Michael Issenberg, Asia-Pacific chief operating officer for the French group, told AFP.

“It’s the fastest growing part of the world”, he added during an interview in Jakarta.

Accor is the top hotel group in Asia-Pacific with 560 hotels and 107,000 rooms.

Read full story: http://www.google.com/hostednews/afp/article/ALeqM5hisr_PSguq1n-XeziN8HMRKOSsDg?docId=af2b7128-a7c8-4779-8591-09ab0bb54ec9&hl=en

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