Accor plans to open 69 hotels in South America by end-2006

Accor plans to open 69 new hotels in South America by the end of 2006, of which some 80 pct will be budget hotels, said Firmin Antonio, director of ...

The company aims to have 200 hotels in the region, representing around 26,000 rooms. Antonio said Accor will pursue local partnerships to build the hotels, in order to limit Accor's investment spending. Antonio was speaking at the opening of a Sofitel hotel here.