Accor Bets on Luxury to Close Gap with Marriott and Hilton

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Photo Credit: Accor
Photo Credit: Accor

Accor CEO Sébastien Bazin has been boosting the hotel group's luxury offerings since 2013 when he became the leader of the Paris-based hotel group.

At the end of 2015, only 6% of Accor's rooms worldwide were luxury, and it had only two luxury brands: Sofitel and MGallery. Today, at least 10% of its over 800,000 rooms are in the luxury segment, and the group offers a broader range of brands.

At the International Luxury Travel Market (ILTM) expo in Cannes last month, Accor showed off its offerings in an enormous tent on the beach. "I promise you that Marriott will never get this tent," Bazin joked at an opening dinner, referring to how Accor negotiated with Cannes for its exclusive use.

Perhaps, but Accor, with over 380 luxury hotels, isn't as big of a player in the space as the global leader Marriott, with 534, or Hilton, with more than 500.

A suite with a terrace at Orient Express La Minerva, an ultra-luxury hotel opening in Rome in spring 2025. Source: Accor.
A suite with a terrace at Orient Express La Minerva, an ultra-luxury hotel opening in Rome in spring 2025. Source: Accor.

Accor Adds Ultra-Luxury

Bazin's latest ambition is to debut Orient Express this year as a brand of hotels, trains, and yachts. Orient Express will be Accor's second brand after Raffles in the 'ultra-luxury' segment (think rooms that typically sell for over $1,000 a night).

"I never understood why the travel industry moved away from the best-ever years of luxury travel — about 100 years ago," Bazin said. "Those years were exceptional in terms of the beauty of the uniforms, service, music, gastronomy, baccarat, fragrance."

This spring, Orient Express La Minerva opens in Rome, the first asset in Orient Express’s planned portfolio of hotels, sleeper trains, and sailing yachts. The 93-room property overlooks Rome's Pantheon and features a renovation of a 17th-century palazzo.

In 2026, Accor will join LVMH in debuting the first two Orient Express overnight trains, whose first routes will crisscross Italy. It will also debut the world’s largest sailing yacht, Orient Express Corinthian. The brand has appointed Chef Yannick Alléno, who has earned two three-star Michelin ratings from his restaurants, as Orient Express's executive chef.

an ususual building that looks like two arabian swords crossed together on the skyline of doha, a city in Qatar in the united arab emirates
Raffles Doha, a luxury hotel, is within the striking Katara Towers, inspired by the crossed swords of Qatar.

Raffles and Fairmont

Bazin closed Accor's acquisition of the luxury hotel brands Raffles and Fairmont in 2016. Last year, he appointed Omer Acar as CEO of the two brands.

Acar wants Fairmont to be "intimately tied to the social fabric of a destination" with accessible luxury and venues that can host large groups. "If it's a landmark wedding or peace conference, it's most likely going to happen at a Fairmont," he said.

Fairmont is "a larger-scale brand," with "close to 90 hotels open" and "30-plus hotels in the pipeline."