Accor Signs Agreement with Green Coast Hotel LLC, to Open MGallery in Albania
Main Photo: The new MGallery hotel in Albania – imagined
Date: March 2021
Location: Palasa, Albania
Name: Green Coast MGallery – opening 2024
No. Keys: 112
Seller: The site has been an uninhabited area with a beautiful but an inaccessible beach, despite its rich historical past. Due to the investment of the Green Coast Resort and Residences (investment of BALFIN Group), the area has been transformed into the south epicentre, guaranteeing a future for the area and the community, and at the same time remembering the past thanks to the Caesar monument and responsible investment in preserving the environment.
Buyer: Accor and Green Coast Hotel Sh.p.k. have announced a co-operation agreement for the development of first MGallery hotel in the country. The 112-room hotel located in Palasa will welcome first guests in April 2024 and will mark an important milestone for the Albanian tourism industry.
Accor’s ambition to strengthen portfolio in South-east of Europe does not stop, as the group introduces more brands to the local markets. The group has signed a franchise agreement with Green Coast Hotel LLC, part of Balfin Group, the most significant investment group in the country and the Balkans. The project will be a game changer in the tourism industry in Albania and will engrave deeper Albania’s pin in the map of international tourism industry.
A unique MGallery boutique hotel, first in the Ionian shores of the Mediterranean, will offer 112 luxurious rooms and suites full of local tradition combined with modernity and contemporary aesthetics. Bar and restaurant, signature SPA and private beach will create a premium exclusive boutique destination for all the guests.
“Albania is a hidden gem in the Balkan region with amazing, picturesque destinations, a true place to be. Therefore we are happy to bring more of Accor brands to the country, wishing that more tourists could discover its glory. MGallery Boutique Collection provides an outstanding starting point for introducing local culture, tradition and history in a luxurious ambiance. We believe that the first MGallery resort in Albania will win the hearts of its guest thanks to its atmosphere and ideal holiday location” says Dilek Sezer, Development Director, South Eastern Europe Accor.
Green Coast MGallery will offer wide F&B outlets for the guests, such as: concept restaurant with breakfast area, destination lobby bar, executive club lounge, and VIP club. Hotel will also offer banquet and meeting options provided in spacious & airy meeting rooms, flexible spaces at the beach, pool and restaurant terraces. The guests will benefit from special features like green roof tops, private loggias and private beach. The hotel is expected to be a new international destination offering culture and art, history and experiences.
“This agreement foretells a major step ahead for the tourism industry in our country. Finally, we are competing as a premium destination in the Mediterranean through Green Coast Resort & Residences that will be now completed with a shining jewel. We, as part of BALFIN Group, are proud of our efforts that contribute in pushing forward our tourism industry and our economy at large” says Ardiana Sokoli, Real Estate Vice President, BALFIN Group.
The company in charge of concept design of the hotel is a very prestigious architectural studio from Belgium. The hotel is expected to begin constructions during the last quarter of 2021. Albania has been visited by over 8 million tourists during the last two years and the country is showing high demand for quality and premium accommodation services.
MGallery Hotel Collection features boutique hotels, each with its own original design and unique stories to tell. Each destination provides an exceptional experience inspired by the essence of the local neighbourhood, creating Memorable Moments inspiring lifelong memories. At the moment MGallery owns more than 100 boutique hotels allowing the guests to discover more than 30 destinations all over the world. In the city centre, along the seashore, nestled within nature or set in extraordinary locations, the hotels of the MGallery Collection invite every guest to explore the world and its splendours.
THPT Comment: Great to see Albania play host to the stylish brand within Accor.
First Seen: Accor press release
The Hotel Property Team (THPT) is a small group of highly experienced business professionals. Between us, we provide a range of skills and experience which is directly relevant to those involved in the hotel property market.
For more information – Visit www.thpt.co.uk or email info@rrh.hmf.mybluehost.me.