France-based Accor Group, the world’s largest hospitality company, has recently revealed the signing of a brand-new hotel complex in the Yongsan neighbourhood of the South Korean capital Seoul.
The complex, due to be inaugurated in 2017, will house Novotel, Suite Novotel, ibis Styles and Grand Mercure, Accor said in a statement from its headquarters in Paris.
These four hotels will have a total capacity of around 2 000 rooms, the group said.
Accor is currently the largest hotel chain in South Korea, with 12 hotels spread throughout five cities, totalling almost 3 500 rooms.
The complex is situated between a shopping centre and the Yeouido financial district – a stone’s throw from the centre of the South Korean capital. And once it is completed, it will be the largest hotel establishment in the country.
Accor chairman and COO for Asia-Pacific region, Michael Issenberg, said: “This is the largest hotel project we have signed in Asia so far, which will strengthen our position as the largest international hotel operator in South Korea.”
Patrick Basset, senior V-P for Accor South Korea, Thailand, Vietnam, Cambodia, Laos, Myanmar and the Philippines, said: “This new hotel project is a great reflection of 26 years of successful partnership between Accor and Ambassador Group in Korea.”
Kwon Tae-Wook, chief representative of Accor-Ambassador Korea, said his organization was happy to have been chosen as a partner for the Yongsan hotel development project.
Accor also has an everlasting presence in 18 African countries, operating more than 17 000 rooms (116 hotels). The group is planning to open another 5 000 rooms on the impoverished continent by 2016.