The CEO of AccorHotels Asia-Pacific, Michael Issenberg, believes the Australian market could be a suitable fit for the group’s upscale brand with Swiss heritage, Mövenpick Hotels & Resorts. AccorHotels acquired Mövenpick and its portfolio of over 80 hotels and resorts earlier this year. Currently the brand is present in 24 countries, but has not spread its wings Down Under.

“AccorHotels is a significant contributor to the Australian tourism industry, and this deal is a signal of our confidence in Australia both as an attractive destination for global travellers but also as a feeder market for our Asia Pacific and wider network.”