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AccorHotels Announces Agreement to Operate Two Hotels in Iran

Greg Oates

Photo Credit: A street scene in the Fīsherābād district in Tehran. Flickr

Skift Take

AccorHotels sees a big opening here since Iran represents such a large untapped market. It could be a while before Hyatt or Sheraton moves in, however, but maybe sooner than we expect.

Paris-based AccorHotels announced today a new partnership with Iran-based Aria Ziggurat Tourism Development to manage two hotels at Tehran’s Imam Khomeini International Airport. The Novotel and ibis-flagged properties represent the first Western hotel management contract signed in Iran since the July 2015 Iran nuclear deal framework formalized by Iran, the U.S., France, Britain, Russia, China and others. AccorHotels currently manages 71 hotels in 10 other Middle Eastern countri

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