Accor has signed a master development agreement with Mayan Properties, a subsidiary of UAE-based Resources Investment, to support the group’s expansion across Sub-Saharan Africa, reflecting growing investment interest in the region’s tourism sector.
Under the agreement, Accor and Mayan Properties will develop five hotels across Sub-Saharan Africa, adding over 1,100 keys to the Group’s regional portfolio. The move follows the signing of Novotel Nouakchott in Mauritania, a 154-key new-build project, and Mövenpick Moroni in Comoros, a 159-key conversion. Four additional projects are planned in key destinations.
“This development agreement with Mayan Properties is a strong step forward in our commitment to grow across Sub-Saharan Africa. With Novotel Nouakchott and Mövenpick Moroni signed, and three more hotels to follow, we are creating the foundation for a diversified portfolio that addresses real market needs and supports the long-term growth of Africa’s tourism industry,” said Maya Ziade, chief development officer, Premium, Midscale & Economy Division, Middle East, Africa & Türkiye at Accor.
“As a subsidiary of Resources Investment LTD, Mayan Properties is proud to extend its partnership with Accor through this development agreement. As a UAE-backed initiative, this agreement underscores the pivotal role the Emirates plays in driving sustainable investment and creating meaningful connections with Africa’s fast-growing tourism economies,” said Mohammed Al Dhaheri, vice-chairman and managing director of Resources Investment and chairman of Mayan Properties.
Accor currently operates more than 175 properties across Africa, including more than 33,000 keys across 15 brands. The group also has more than 60 properties in development.