Faena group and Accor partner for global expansion of Faena brand
Expanding Faena group's reach worldwide, Accor has partnered with Faena group to develop properties in strategic locations.
Alan Faena and Len Blavatnik of Faena Group, and Sébastien Bazin, Chairman, and CEO of Accor, recently partnered for the global expansion of the Faena brand in strategic locations.
"We have found in Accor, a perfect partner; we have a shared vision and passion. As Faena expands, we plan to continue rethinking the hospitality lifestyle and shaping the path for groundbreaking concepts, setting new industry standards in creating inimitable environments rooted in culture, positively transforming cities, shifting old paradigms, and becoming new international cultural epicenters. It has always been our dream to share the Faena ethos and artistic vision around the globe, and with Accor, we are turning this dream into reality," said Faena.
Commenting on the partnership with Faena group, Bazin said, "Accor is building an experience-based hospitality platform, and in doing so, we greatly value the energy and ideas that entrepreneurs, creators, and visionaries bring. Alan Faena is a clear leader in the luxury lifestyle sector with his transformative concepts. Faena Districts are shifting the cities' gravitational centers where they reside, making a true difference in their communities. These will serve as our model as we work hand-in-hand with the Faena team to help achieve their vision and global expansion ambitions. We look forward to a long and rewarding future working with Alan, Len, and the entire Faena group."
In collaboration with Accor, Alan Faena will develop Faena Districts in some of the select locations worldwide. The first international destination where Accor will develop a Faena District will be in Dubai.
The initiative will oversee management of Faena Buenos Aires and Faena District Miami Beach in addition to the projects slated for development under the collaboration. This collaboration aims to develop socially responsible, holistic environments and incorporate cultural experiences in residences, hotels, art, and cultural spaces.
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