Accor and Mayan Properties Sign Master Development Agreement for Five Hotels in Africa

Core Insights - Accor has signed a master development agreement with Mayan Properties to expand its presence in Sub-Saharan Africa, highlighting the role of UAE-backed investment in the region's tourism sector [1][3] Group 1: Agreement Details - The partnership will develop five hotels across Sub-Saharan Africa, adding over 1,100 keys to Accor's regional portfolio [2] - The collaboration includes the Novotel Nouakchott in Mauritania, a 154-key project, and Mövenpick Moroni in Comoros, a 159-key conversion, with four additional projects planned [2] Group 2: Strategic Goals - The agreement aligns with Accor's long-term strategy to accelerate growth in Sub-Saharan Africa and Mayan's vision to enhance the tourism sector through sustainable investment [3] - The partnership aims to support both business and leisure demand, create jobs, and drive local economic development [3] Group 3: Company Overview - Accor operates over 175 properties in Africa, representing more than 33,000 keys across 15 brands, with over 60 properties in development [4] - The company is focused on expanding its brands into fast-growing and emerging markets, reinforcing its position as a leading international operator in the region [4]