During the course of 2011 Accor added 67 hotels to its operating hotel network in Asia Pacific, confirmed commitments for 117 additional hotels and announced the purchase of Mirvac Hotels and Resorts. Accor ended the year operating almost 480 hotels and 92,000 guest rooms throughout 16 countries in Asia Pacific.
“2011 has been a super year for Accor and one of record breaking achievements for us here in Asia Pacific” said Michael Issenberg, Chairman and Chief Operating Officer for Accor Asia Pacific. “Being able to cement our leadership position in the region is very gratifying and we are most grateful to our partners that continue to entrust their hotel assets to Accor for enabling this stellar performance. Of course, adding this number of hotels to the network has required us to invest significantly in our regional infrastructure to support both the new hotel openings as well as the existing hotel network and in doing so will ensure our ability to
sustain similar growth in the coming years. Combining this significant organic growth with the acquisition of Mirvac Hotels and Resorts (in December 2011) demonstrates our ability to effectively operate a diversified business model and this approach remains a distinguishing factor for Accor in Asia Pacific and key factor to our success in the region.
“The prospects for expansion in 2012 look very positive for Accor in Asia Pacific with a similar number of hotels expected to open during the year as did in
