Adagio is a joint venture launched by Accor and Pierre & Vacances operating apartment hotels.

Adagio
Company typeJoint venture
IndustryHospitality
Number of locations
131[1]
Area served
Europe, Africa, South America, Middle East[1]
ProductsHotel
ParentAccor

History

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Adagio Aparthotel in Cologne

Adagio City Aparthotel is a joint venture launched by AccorHotels and Pierre & Vacances in October 2007.[2][3] It manages residences and Hotel to rent in tourist cities. The city residences correspond to business travelers on a long term assignment but also French or foreign families on vacation, who can use their kitchens in these apartments and avoid restaurant expenses. Urban tourism has a much higher growth rate than the overall average growth rate of tourism in France in terms of overnight stays, according to specialists.[4]

In 2011, Adagio complemented its offerings with the acquisition of Citéa becoming Adagio Access. The Adagio network is composed of offers for Adagio (the standard package) and Adagio Access (economy offer).

Locations

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As of 2024, Adagio maintains 131 locations mainly throughout Europe with fever locations in the Middle East and Africa.[1] As of 2015 there were 46 locations in three countries (France, Belgium, and Germany).[5] The brand since expanded into further countries like Russia, Qatar, and Brazil.[6][5]

References

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  1. ^ a b c adagio-city.com - All our destinations retrieved 21 April 2024
  2. ^ Bn., F. (27 January 2009). "Un secteur attractif pour les promoteurs" [An attractive area for developers]. Le Monde (in French).
  3. ^ Visseyrias, Mathilde (14 October 2008). "Les 'appart'hôtels' font le plein" [The 'apartment hotels' fill up]. Le Figaro (in French).
  4. ^ "Boom des appart'hôtels urbains" [Urban Apartment Hotels Boom]. Le Figaro (in French). 25 February 2012.
  5. ^ a b "AccorHotels worldwide". AccorHotels.
  6. ^ Palierse, Christophe (23 February 2012). "Adagio City Aparthotel s'implante au Brésil" [Adagio City Aparthotel is implanted in Brazil]. Les Échos (in French).
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