AccorHotels HotelInvest division eyes growth opportunities in the UK
HotelInvest – the owner and investor division of AccorHotels – is to open the world’s tallest Novotel in London’s Canary Wharf as part of its plan to launch five new hotels over the next 18 months.
The company will invest £160m in the development of the properties, including the 313-bedroom, 39-storey Novotel, due to open in January 2017.
The other properties are a 120-bedroom Ibis styles in Ealing, west London, which will open in June 2016; a 231-bedroom Ibis in Cambridge (September 2016), 146-bedroom Adagio in Edinburgh (January 2017) and a 196-bedroom Ibis in Canning Town, east London (September 2017).
The openings will boost HotelInvest’s UK portfolio to 102 properties