French multinational hospitality group Accor has announced plans to expand its portfolio in the Philippines to 22 hotels with over 5,500 rooms by 2024.
As part of its expansions plans, the hotel operator has signed a total of nine new hotels with 2,155 rooms in the country this year.
This increases its network to 14 new hotels in the Philippines with more than 3,400 new rooms.
Brands such as Pullman Living, MGallery, Swissôtel, Novotel Living, and Ibis Styles are part of the 14 new hotels in the country.
Pullman Living Makati and Novotel Living Makati are slated to open in Manila in 2022.
Accor Upper Southeast & Northeast Asia and the Maldives chief operating officer Patrick Basset said: “Philippines is a market with great potential, and our recent signings underlines Accor’s long-term commitment to the vibrant nation. Last year, the travel and tourism industry was the fastest-growing sector in the Philippines.
“We are delighted to showcase even more of the Philippines with a wider choice of accommodation that makes as much sense for our hotel owners as much as it does for our guests.”
The company currently operates various other brands such as Raffles, Fairmont, Sofitel, Mövenpick, Novotel and Mercure in the Philippines.
Accor Development Asia senior vice-president Andrew Langdon said: “With nine hotels signed to date in the Philippines, we have doubled the existing portfolio in just over nine months, and expect to add two more hotels with a combined 500 rooms by the end of 2019.
“We have further diversified our brand offering with the introduction of six Accor hotels and extended stay brands into the country.”