Accor to double Middle East presence

24th October 2011 (Last Updated October 24th, 2011 18:30)

French hotel group Accor will double its presence in the Middle East by 2015.

French hotel group Accor will double its presence in the Middle East by 2015.

The company has secured 23 projects in the region and plans to expand its Ibis properties.

Accor will also shift its focus to the Middle East, Latin America and Asia Pacific.

The company’s third-quarter sales for 2011 reached €1.623bn, a 2.7% rise on Q3 2010 sales.