swissotel
Accor Signs With Naia Developments for Two Swissôtel Properties in Ras El Hekma
ACCOR | June 10, 2024
Set to open in Q3 2027, Swissôtel Ras El Hekma and Swissôtel Residences Ras El Hekma will offer 250 keys and 100 branded residences. Accor, a world-leading hospitality group, has signed a milestone agreement with Naia Developments to develop two Swissôtel addresses, marking the brand’s debut on Egypt’s Mediterranean coast in Ras El Hekma. The partnership agreement will see Accor operate Swissôtel Ras El Hekma and Swissôtel Residences Ras El Hekma, both of which are set to open in Q3 2027, strengthening Accor’s presence on the North Coast of Egypt. Boasting a prime seafront location, Swissôtel Ras El Hekma and Swissôt...
Swissôtel, an AccorHotels Brand, Enters the Bosnian Market via Franchise Agreement with Al Shiddi International
April 20, 2017
Swissôtel, part of AccorHotels, world-leading travel & lifestyle group, today announced that it has entered into a franchise agreement with Al Shiddi International for development of a new 218-room urban resort scheduled to open in early 2018. Situated next to Bosnian Parliament, within the expansive mixed use Sarajevo City Center project, consisting of shopping mall and office tower with 30,000 daily visitors, Swissôtel Sarajevo will enjoy a commanding downtown commercial and residential location, as a new landmark for Sarajevo, close to top attractions and Sarajevo International Airport. The project is being developed ...
Swissôtel Partners with MASIC for New 180-Room Swissôtel Al Khobar in the Kingdom of Saudi Arabia
January 13, 2016
DUBAI, UNITED ARAB EMIRATES - Jan. 13, 2016 - Swissôtel Hotels & Resorts today announced that it has entered into an agreement with Mohammed Ibrahim Al Subeaei & Sons Investment Company (MASIC) to manage the 180-room Swissôtel Al Khobar in the Kingdom of Saudi Arabia. With a planned opening in 2019, Swissôtel Al Khobar will be situated within the MASIC Business Park development, occupying an enviable location within the urban area's commercial and residential district. Encompassing around 55,000 square metres (approximately 592,000 square feet) of retail and prime office space, this development will become ...
AccorHotels to Acquire Three Iconic Hotel Brands – Fairmont, Raffles, Swissôtel
AccorHotels | December 9, 2015
An unrivalled collection of iconic hotel assets with 155 hotels and resorts, of which 40 are under development Acquisition to provide AccorHotels with robust and global leadership in luxury hotels, a key segment in terms of geographic reach, growth potential and profitability, for long-term value creation FRHI's unrivalled hotel portfolio, expertise in marketing luxury hotels and sizeable footprint in North America, provide a stronger platform to continue aggressive worldwide expansion. AccorHotels will pay for the acquisition by issuing 46.7 million new Accor shares and a cash payment of $840 million (€768 million) – Qa...
