Faena Group has launched a worldwide strategic partnership with Accor, centered on increasing the model across the globe.
The deal was revealed earlier by Alan Faena and Len Blavatnik of Faena Group and Sébastien Bazin, chief govt of Accor.
Alan Faena will work in partnership with Accor to interrupt new floor, creating Faena Districts in choose international locations.
Dubai is slated to be the primary worldwide vacation spot.
“We have now present in Accor an ideal accomplice; we now have a shared imaginative and prescient and fervour.
“As Faena expands, we plan to proceed rethinking hospitality life-style and shaping the trail for ground-breaking ideas, setting new business requirements within the creation of inimitable environments rooted in tradition, positively reworking cities, shifting outdated paradigms and changing into new worldwide cultural epicentres.
“It has all the time been our dream to share the Faena ethos and inventive imaginative and prescient across the globe, and with Accor we’re turning this dream into actuality,” mentioned Alan Faena.
The brand new enterprise will handle Faena Buenos Aires and Faena District Miami Seashore.
“Accor is constructing an experience-based hospitality platform and in doing so, we drastically worth the vitality and concepts that entrepreneurs, creators and visionaries deliver.
“Alan Faena is a transparent chief within the luxurious life-style sector along with his transformative ideas.
“Faena Districts are shifting the gravitational centres of the cities the place they reside, making a real distinction of their communities.
“These will function our mannequin as we work hand-in-hand with the Faena group to assist obtain their imaginative and prescient and international enlargement ambitions.
“We sit up for an extended and rewarding future working with Alan, Len and your entire Faena group,” mentioned Bazin.