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

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

Accor announces the launch of this “Apartments & Villas” internet site, totally specialized in the leasing of personal residences and stretched stay resort properties, allowing visitors feel in the home around the globe.

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), along with 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 transformed the means we live, work and travel. Branded Residences, which typically combine personal house ownership with luxury branding and an extensive menu of resort and domestic solutions, are actually very resilient, with a pipeline that is increasingly diverse record development. The sector has grown by 170% and despite a difficult context, 2020 should be another record year with the opening of more than 100 additional projects, according to the recently published Savills 2020 Spotlight on Branded Residences: “We see increasing demand for residentially designed short term rental accommodations, as consumers seek out accommodations which enable more privacy and self-sufficiency and include features like extra living space and generous outdoor space”, says Riyan Itani, Head of Savills International Development Consultancy in ten years.

According to Savills International Development Consultancy, a 3rd of global areas have actually reported increased interest from purchasers trying to expand their main residence.

This growing desire to have room, in conjunction with the increase in working at home, could provide a good start to resort jobs. The trends that are global by Savills are mirrored in Accor’s quickly expanding branded residence profile. Accor presently runs 30 branded residence projects globally, with another 70 under development. This development happens to be especially pronounced within the lifestyle that is emerging section, where Accor’s SLS Residences leads the way look at the website in which with regards to expansion. Accor currently runs 6 lifestyle branded jobs with another 18 under development. In many cases, purchasers of branded residences elect in order to make their domiciles available by way of a handled program that is rental. Participating property owners will now see their houses distributed through the brand new Apartments & Villas” web site

In the Apartments & Villas website, guests can book with certainty completely prepared flats, villas, houses and rooms while enjoying most of the great things about the ALL- Accor Live Limitless lifestyle commitment system, and greater freedom and reassurance due to the brand new termination policy while the intensified hygiene and prevention measures to make certain their security (ALLSAFE).

“The launch of this Apartments & Villas internet site shows our aspiration to build up provides and solutions tailored into the extensive stay resort part,” said Jeff Tisdall, Senior Vice President developing, household and extensive keep. “ The launch of apartmentsandvillas.accor.com is definitely a milestone that is important our investment lovers, visitors and personal residence owners, and further reinforces Accor’s leadership position in extended stay hotel and branded residence segments” .

“ Apartments & Villas site reflects our ongoing dedication to innovation as consumer travel needs evolve, and enables each of our customers to find an unbelievable assortment of accommodations across the world on a single electronic platform, along with to reside an excellent travel experience: the room, convenience and privacy of a property for a weekend, a holiday or involved in an innovative new environment, 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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