NEW YORK Accor-Pannonia, the Hungarian unit of Accor, is planning an expansion in Hungary with the opening of three hotels in Budapest in the Millennium City Centre. Negotiations are currently underway between Accor-Pannonia and developer TriGranit, concerning the opening of a three-star Ibis, a four-star Novotel and the launch in Hungary of Accor s five-star Sofitel hotel brand. (3/16/01)
SOURCE:HVS International