Accor, a world leading hospitality group, announced the creation of Accor One Living – an industry-first platform dedicated to the integration of innovative hospitality solutions into mixed-use developments. Accor One Living will support the development and operation of branded residences – anchored by managed and franchised Accor hotels and resorts ‑ and other unique products that add value to mixed-use projects, such as coworking offerings, extended stay hotels, private clubs and more. Creating synergy between these complementary hospitality products can significantly enhance the financial performance of a mixed-use project, while providing signature brand experiences for homeowners, guests, and community members.
Accor One Living consolidates Accor’s leadership in the branded residences category. Currently, the Group has more than 135 branded residences projects operating or in development, across 22 distinct brands. Looking ahead, Accor One Living expects to open, in partnership with visionary owners around the world, more than 125 new branded residence communities over the next several years, including standout flagships such as The OWO Residences by Raffles in London, SO/ Uptown Dubai Residences and Raffles Residences Boston Back Bay.
“Accor is carving a new path with the creation of Accor One Living, based on the tremendous success that we’ve earned as a leader in the branded residences and mixed-use category. Our momentum is powered by Accor’s diverse portfolio of compelling brands, a commitment to the success of our partners, and more than two decades of experience, where we have led the industry in creating highly desirable branded residence communities,” said Jeff Tisdall, Chief Business Officer, Accor One Living. “Accor One Living will deliver unmatched value to our investment partners as we build extraordinary places to live, work, and play for a new generation of homeowners, guests and global explorers.”
Over the last five years, Accor has emerged as the #2 global player in the branded residences category. The sector is an important value driver for Accor, as branded residences and mixed-use developments are among the fastest growing segments in the hospitality industry. According to Savills International Development Consultancy, the branded residential sector has grown 150% over the past decade, creating more than 100,000 units across 640 projects around the world.
“Through Accor One Living, we will continue to be motivated by our strong relationships with homeowners, who inspire the development projects we undertake,” added Jeff Tisdall. “Our branded residential communities achieve a delicate balance: privacy and exclusivity on one hand, while on the other, privileged access to the services and amenities from the brands our homeowners know and love. The importance of their satisfaction and loyalty is reflected in our industry-leading owners’ benefits program, recognizing our homeowners as VIPs wherever they travel within Accor’s global portfolio.”
