French hotel operator Accor to open new Novotel Lviv and Novotel Living Kyiv hotels in Ukraine

French hotel operator Accor to open new Novotel Lviv and Novotel Living Kyiv hotels in Ukraine

International hotel operator Accor (France) plans to open Novotel Lviv and Novotel Living Kyiv by the end of 2025, with plans to sign an agreement to open an ibis in Khmelnytskyi

"Novotel Lviv should be opened by the end of 2025, just like Novotel Living Kyiv. It is too early to talk about the timing of the opening of ibis Budget in Kyiv. From the news about the expansion of the network - we plan to sign an agreement on the opening of ibis in Khmelnytskyi, the approximate start of its work - 2027," said Andriy Davydenko, vice president for operations of the Ukraine, Georgia and CIS region.

In 2023, a contract was signed for the technical support and management of ibis Budget in Podil, the capital. It is expected to have 126 rooms, some of which will have a hostel format.

Novotel Lviv (9 Mickiewicz Square) will have 128 rooms, Novotel Living Kyiv (Gogolivska St.) will have 49 apartments.

Earlier, at the end of December 2022, the Black Sea Bank for Trade and Development (ChDBTR) allocated a EUR8 million loan for the construction of a 4-star Novotel hotel in Lviv to Center for Real Estate Development LLC, the beneficiaries of which are the majority owner of the OKKO group of companies, Vitaly Antonov and its CEO Vasyl Danylyak. The total budget of the project is declared to be EUR 14 million.

Davydenko noted the recovery of demand. "Market activity as of August and September 2024 is the highest since the beginning of the full-scale war, both in Kyiv and Lviv," he said.

Accor - one of the leading hotel operators in the world - opened the first hotel under the Novotel brand in Lille (France) in 1967.

Accor unites more than 5,700 hotels, resorts and residences in 110 countries under more than 40 brands: Raffles, Sofitel, Fairmont, OneFineStay, MGallery, Pullman, Swissotel, Mövenpick, Grand Mercure, The Sebel, 25 hours hotel, Handwritten, Novotel, Mercure, Tribe, Adagio, Mama Shelter, Ibis, Ibis Styles, Adagio success, Ibis Budget, Jo&Joe, hotelFormule1, hotel F1, Thalassa sea&spa, greet, etc.

Accor SA shares are listed on the Euronext exchange in Paris and traded on the US over-the-counter market.

In Ukraine, Accor manages nine hotels: 3-star ibis in Kyiv, ibis Styles and ibis in Lviv, 5-star Fairmont Grand Hotel in Kyiv, Adagio Kyiv Beresteiska apart-hotel. The operator's portfolio is complemented by Mercure Kyiv Congress Hotel and MGallery Hôtel de Paris (Odesa).

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