Adagio (hotel)

Last updated

Contents

Adagio City
Type Joint venture
Industry Hotel
Number of locations
96 hotels
Area served
Europe, Russia, Brazil, Middle East
Parent Accor
Adagio Aparthotel in Cologne Adagio Aparthotel Koln City und Motel One Koln-Waidmarkt-0593.jpg
Adagio Aparthotel in Cologne

Adagio City Aparthotel is a joint venture launched by Accor and Pierre & Vacances, and is a major hotel company offering rooms with cooking facilities.

History

Adagio City Aparthotel is a joint venture launched by AccorHotels and Pierre & Vacances in October 2007. [1] [2] It manages residences and Hotel to rent in tourist cities. The city residences correspond to business travelers on a long term assignment but also French or foreign families on vacation, who can use their kitchens in these apartments and avoid restaurant expenses. Urban tourism has a much higher growth rate than the overall average growth rate of tourism in France in terms of overnight stays, according to specialists. [3]

In 2011, Adagio complemented its offerings with the acquisition of Citéa becoming Adagio Access. The Adagio network is composed of offers for Adagio (the standard package) and Adagio Access (economy offer). Adagio has 90 locations, mostly in Europe (France, Belgium, Switzerland, Germany and UK). [3] The group is now established in Russia, the Middle East and Brazil. [4]

As of 2015 there are 50 Adagio locations in 11 countries (mostly in Europe, as well as in Russia, UAE, Qatar, and Brazil). [5] As of 2015 there are 46 Adagio Access locations in three countries (France, Belgium, and Germany). [5]

Related Research Articles

Center Parcs Europe European network of holiday villages that was founded in the Netherlands in 1968

Center Parcs Europe is a European network of holiday villages that was founded in the Netherlands in 1968, and is currently operated by Pierre & Vacances and owned by Blackstone Group.

Fairmont Hotels & Resorts is a global chain of luxury hotels that operates more than 70 properties worldwide, with a strong presence in Canada.

Sofitel Hotels & Resorts are a French hotel chain of luxury hotels based in Paris, France, and owned by Accor since 1980.

Accor French hospitality company

Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest worldwide

Red Roof Inn Economy motel chain

Red Roof Inn is an American economy hotel chain in the United States. Red Roof has over 600 properties globally, primarily in the Midwest, Southern, and Eastern United States. Red Roof Inn is a pet-friendly hotel chain.

MIPIM

MIPIM is an international property event hosted in Cannes, France, each March. It is hosted by Reed MIDEM and includes an exhibition area, networking events and conference sessions over four days. The 2022 event is due to take place from March 15 to 18.

Ibis (hotel) French brand of economy hotels

Ibis is a French brand of economy hotels owned by Accor. Created in 1974, Ibis became Accor's economy megabrand in 2011 with the launch of Ibis Styles and Ibis Budget. As of December 2019, there were 1,218 hotels under the Ibis brand, with 155,678 rooms in total across 67 countries.

Novotel International hotel chain

Novotel is a French midscale hotel brand owned by Accor. Created in 1967 in France, the company grew into what became the Accor group in 1983, and Novotel remained a pillar brand of Accor's multi-brand strategy. Novotel manages 492 hotels in 59 countries (2018).

Apartment hotel Type of serviced apartment complex

An apartment hotel or aparthotel is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company.

Avoriaz French mountain resort in Upper Savoy

Avoriaz is a French mountain resort in the heart of the Portes du Soleil. It is located in the territory of the commune of Morzine. It is easily accessible from either Thonon at Lake Geneva or Cluses station on the A40 motorway between Geneva and Chamonix. Either way one follows the D902, Route des Grandes Alpes, to Morzine and then the D338 running from Morzine to Avoriaz. Snow chains are often necessary. Avoriaz is built on a shelf high above the town of Morzine, which is among the pioneering towns of skiing with its first lifts dating back to the early 1930s. Today Avoriaz is one of the major French ski destinations catering for all standards of skiing and ranks among the top snowboarding destinations of the world. Apart from snow-based pursuits, Avoriaz is also a centre for trekking, golf, VTT and other outdoor activities during the summer. Cars are forbidden in Avoriaz. The resort is designed to be fully skiable. Other transport around the resort includes horse-drawn sleighs and snowcats during winter.

Mercure (hotel)

Mercure is a French midscale hotel brand specialized in traditional hotels managed by committed hoteliers, and owned by Accor. Created in 1973 in France, the brand was acquired by Accor in 1975. The Mercure brand appears on 875 hotels in 63 countries (2019).

Tourist Resorts (Kerala)

Tourist Resorts (Kerala) Ltd or (TRKL) is a Government of Kerala undertaking under Kerala Tourism Department, established in August 1989 to promote tourism investment and to develop Tourism infrastructure in the Indian state of Kerala. TRKL was conceived to identify tourism infrastructure needs of the state and bridge any identified gaps. Kerala is today growing at an amazing pace in tourism, adhering to the principles of indigenousness, environmental sustainability and community participation. Kerala's beaches, hill stations, backwaters, wildlife sanctuaries, historical monuments, etc. attract foreign as well as domestic tourists.

The Ascott Limited International lodging company

The Ascott Limited is a Singaporean wholly owned lodging business of CapitaLand Investment, one of Asia's largest diversified real estate groups. Headquartered and listed as a Singapore company, Ascott has grown to be one of the leading international lodging owner-operators, with more than 700 properties in over 190 cities spanning more than 30 countries across the Asia Pacific, Europe, the Middle East, Africa and the USA. Its portfolio of serviced residence and hotel brands includes Ascott The Residence, The Crest Collection, Somerset, Quest, Citadines, lyf, Préférence, Vertu, Harris, Citadines Connect, Fox, Yello and POP!.

Covivio, formerly Foncière des Régions, is a European investment and development company with business activities encompassing office real estate (46%), hotels (26%) and residential accommodation (26%). Europe's fourth-largest real estate investment trust (REIT), its portfolio is worth an estimated €23 billion. Two thirds of the portfolio is divided between Paris, Berlin and Milan, with an occupancy rate of 98.1%.

Edenred

Edenred, formerly known as Accor Services, is an international company that specialises in specific-purpose payment solutions for companies, employees and merchants. Edenred is the inventor of Ticket Restaurant, created in 1962. The company provides services including employee benefits, meal vouchers, loyalty programs, fleet and mobility and corporate payment. Edenred operates in 46 countries, employs 10,000 people and serve 50 million employees users worldwide.

Pierre & Vacances

Groupe Pierre & Vacances Center Parcs specializes in tourism services, providing holiday and entertainment villages, leisure activity residences and hotels under the brands Pierre & Vacances, Maeva, Center Parcs, Sunparks, and Adagio. The headquarters of the company is in France and the core area of the company's activities is France, but it also has facilities in Belgium, Mauritius, the Netherlands, Switzerland, Austria, Germany, Italy and Spain.

MKG Group

MKG Group is a consulting and market research firm based in Paris, France. The group operates various divisions within the tourism, hotel and hospitality sector, namely monitoring global trends in supply, demand and pipeline growth, including the worldwide chain hotel brand and chain hotel group rankings, as well as conducting specialised industry research for stakeholders, private investors, developers, hoteliers, government and tourism associations, banking and financial institutions, and hedge funds.

Sofitel Paris Le Faubourg is a 5-star luxury hotel located in the Rue du Faubourg Saint-Honoré, 8th arrondissement of Paris, France, near the Place de la Concorde. Housed in property formerly owned by Accor hotel group, in 2013 it was sold in a leaseback to New York City-based Mount Kellett Capital for €113 million, including €13 million as renovations. It counts with 147 rooms, a restaurant named Stay seating 60, a bar and a "pastry library" run by thrice Michelin star winner Yannick Alléno, two meeting rooms and a fitness center.

Ibis Styles Economy hotel brand

Ibis Styles is a French economy hotel brand focused on in-style stays and owned by Accor. Created in 1980 in Australia with the name All Seasons, the brand was acquired by Accor in 1999 and renamed Ibis Styles in 2011. Ibis Styles manages 476 hotels in 45 countries (2018).

Sweet Inn is a French-Israeli travel tech startup company founded in 2014. Active in Europe and in Israel the company offers upscale vacation apartments with hotel services for tourists and business travelers.

References

  1. Bn., F. (27 January 2009). "Un secteur attractif pour les promoteurs" [An attractive area for developers]. Le Monde (in French).
  2. Visseyrias, Mathilde (14 October 2008). "Les 'appart'hôtels' font le plein" [The 'apartment hotels' fill up]. Le Figaro (in French).
  3. 1 2 "Boom des appart'hôtels urbains" [Urban Apartment Hotels Boom]. Le Figaro (in French). 25 February 2012.
  4. Palierse, Christophe (23 February 2012). "Adagio City Aparthotel s'implante au Brésil" [Adagio City Aparthotel is implanted in Brazil]. Les Échos (in French).
  5. 1 2 "AccorHotels worldwide". AccorHotels.