The Continental Hotels chain and the French group Accor have mutually decided to terminate the management agreement signed 20 years ago.
Thus, starting July 1, 2020, four hotels owned by Continental Hotels will no longer operate under the Ibis brand, namely Ibis Gara de Nord, Ibis Parlament, Ibis Constanța, and Ibis Sibiu.
“Starting July 1, the taken-over Ibis hotels will be closed for approximately 4 – 6 months for renovation and refurbishment works. Following this process, the 4 hotels will be rebranded as follows: Continental Forum Bucharest and Continental Forum Constanța will operate under a 4-star standard, while MyContinental Bucharest and MyContinental Sibiu will represent the new 3-star brand. At the same time, our expansion plans include 3 more 4-star Forum hotels in Brașov, Iași, and Cluj, and a 2-star Hello Hotel in Iași,” stated Radu Enache, CEO and President of Continental Hotels.
Frequently Asked Questions
Why did Continental Hotels end its partnership with Accor?The two groups mutually decided to terminate their 20-year management agreement to allow Continental Hotels to rebrand and manage the properties independently.
What will happen to the former Ibis hotels?The hotels will undergo a 4-6 month renovation process and will be rebranded as Continental Forum (4 stars) and MyContinental (3 stars).
What are the future expansion plans for Continental Hotels?The chain plans to open three new 4-star Forum hotels in Brașov, Iași, and Cluj, along with a 2-star Hello Hotel in Iași.