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Accor strengthens its leadership place in branded residences, private rentals and stretched remain accommodations

Accor strengthens its leadership place in branded residences, private rentals and stretched remain accommodations

Accor announces the launch associated with the “Apartments & Villas” site, totally specialized in the rental of private residences and stretched stay resort properties, allowing visitors feel in the home all over the world.

The site makes significantly more than 50,000 flats, villas and chalets available, drawing from Accor’s 15 stretched remain resort brands (including Adagio, Mantra, and Hyde residing), plus the company’s portfolio of branded personal residences that are independently owned and sometimes contained in managed leasing programs (Raffles Residences, Banyan Tree Residences, Delano Residences, Fairmont Residences, SLS Residences, etc.) and one-of-a-kind private rentals (onefinestay), in over 350 locations.

The Covid-19 crisis has changed the real method we reside, work and travel. Branded Residences, which typically combine personal house ownership with luxury branding and a thorough menu of resort and domestic solutions, are actually really resilient, having a pipeline that is increasingly diverse record development. In a decade the sector is continuing to grow by 170% and despite a challenging context, 2020 should really be another record 12 months using the opening in excess of 100 extra tasks, in line with the recently posted Savills 2020 limelight on Branded Residences: “We see increasing interest in residentially created temporary leasing rooms, as customers look for rooms which permit more privacy and self-sufficiency and can include features like additional living area and nice outside space”, claims Riyan Itani, Head of Savills Overseas Development Consultancy.

According to Savills International Development Consultancy, a 3rd of international areas have reported increased interest from buyers seeking to expand their main residence.

This growing wish to have room, in conjunction with the rise in a home based job, could offer a lift to resort jobs. The worldwide styles documented by Savills are reflected in Accor’s quickly expanding branded residence profile. Accor presently runs 30 branded residence projects globally, romance tale review with another 70 under development. This development happens to be especially pronounced within the rising life style branded section, where Accor’s SLS Residences leads just how with regards to expansion. Accor currently runs 6 lifestyle branded tasks with another 18 under development. In most cases, purchasers of branded residences elect in order to make their houses available via a handled program that is rental. Participating property owners will now see their houses distributed through this new Apartments & Villas” web site

Regarding the Apartments & Villas website, guests can book with full confidence completely prepared flats, villas, homes and rooms while enjoying all of the great things about the ALL- Accor Live Limitless lifestyle commitment system, and greater flexibility and reassurance as a result of the new termination policy therefore the intensified hygiene and avoidance measures to make sure their security (ALLSAFE).

“The launch of this Apartments & Villas web site shows our aspiration to build up offers and solutions tailored towards the stay that is extended portion,” said Jeff Tisdall, Senior Vice President developing, household and extensive keep. “ The launch of apartmentsandvillas.accor.com is a crucial milestone for our investment lovers, visitors and personal residence owners, and additional reinforces Accor’s leadership position in extensive stay hotel and branded residence segments” .

“ Apartments & Villas site reflects our ongoing dedication to innovation as consumer travel needs evolve, and permits every one of our customers to see an amazing number of rooms around the globe on a single electronic platform, along with to call home an excellent travel experience: the room, convenience and privacy of a property for a week-end, a secondary or involved in a brand new setting, allied towards the ease of resort solutions from Accor brands also to the very best of commitment advantages”, stated Yassine Hachem, Vice President Guest Digital Product.

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