Alan Faena announced new expansion plans for his Faena Group brand. To undertake the project, he partnered with Accor, the leading hotel group with more than 5,000 properties in 110 countries.
The objective is to create 20 “embassies” in different cities of the world where visitors can enjoy a “Faena experience”. The first joint project is expected to open in 2023.
“As Faena expands, we plan to continue creating innovative concepts,setting new standards for the industry, positively transforming cities, internationally creating new cultural epicenters”, assured Alan Faena who, together with Len Blavatnik, founded the company in 2000 which managed to establish itself as a benchmark in luxury lifestyle.
The "embassies" are, in truth, cultural spaces. Each of the Faena districts is unique and is anchored in experiences ranging from residences and hotels to artistic projects.
“We have found a perfect partner in Accor, we have a shared vision and passion. As Faena expands, we plan to continue rethinking the world of hospitality; shaping new innovative concepts and positively transforming cities. It has always been my dream to share Faena's artistic spirit and vision around the world, and with Accor we are turning this dream into reality”, commented Alan Faena.
For his part, the president and CEO of Accor, Sébastien Bazin, was enthusiastic about the initiative: “We greatly value the energy and ideas that entrepreneurs, creators and visionaries contribute. Alan is a clear leader in the luxury lifestyle sector and his concepts are transformative ”.
This new association will manage Faena Buenos Aires and Faena Miami Beach, which was recently named the number one hotel in Miami and number two in the United States. Additionally, it was also named the 12th highest rated property by Condé Nast Traveler publication readers in its 2020 Readers' Choice Awards.
The Accor group has one of the most diverse hotel ecosystems in the industry. The firm encompasses luxury and premium brands, mid-range and budget offerings, entertainment and nightlife venues, restaurants and bars, private residences, shared accommodation properties, concierge services, and coworking spaces, among other endeavors.
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