BANGKOK - Accor Asia-Pacific, announced that it would establish its Asia-Pacific headquarters in Singapore by the end of 2007.
In addition, Accor will be building a third hotel in Singapore, The Ibis, joining Grand Mercure Roxy and Novotel Clarke Quay.
The Ibis is largest ever hotel project in Singapore and will be located in the heart of Singapore's central business district to be opened in early 2009.
Accor Asia-Pacific Chairman, David Baffsky, said that Singapore was now one of the region's most important tourism and financial hubs and was the ideal location to drive Accor's growth and development plans in the region.