Business news from Ukraine

Business news from Ukraine

Accor has opened Novotel Living Kyiv and plans to launch Novotel Lviv in first quarter of 2027

2 November , 2026  

International hotel operator Accor opened Novotel Living Kyiv in the fall of 2026 and plans to open Novotel Lviv in the first quarter of 2027, Andriy Davydenko, vice president of operations for Ukraine, Georgia, and the CIS, told Interfax-Ukraine.

“Novotel Living Kyiv opened on September 9. The initial results are satisfactory, and once the security situation improves, they will undoubtedly be even better.
As for Novotel Lviv, preparations for the opening are actively underway. I hope we’ll be able to open the hotel as early as February,” Davydenko said.

Novotel Living Kyiv (on Gogolivska Street) features 49 apartments (with one or two bedrooms), while Novotel Lviv (at 9 Mitskevych Square) will have 128 rooms.
It was previously reported that in 2023, a contract was signed for technical support and management of the ibis Budget in Kyiv’s Podil district. The property will have 126 rooms, some of which will be designed in a hostel format.

According to data from the Accor website, in the third quarter of 2026, the company opened 63 hotels with a total of nearly 9,000 rooms. As of the end of September 2026, the Group’s hotel portfolio comprised 885,219 rooms (5,857 hotels), while projects in the development stage encompassed more than 273,000 rooms (1,628 hotels).

Accor brings together more than 5,800 hotels, resorts, and residences in 110 countries under more than 40 brands: Raffles, Sofitel, Fairmont, OneFineStay, MGallery, Pullman, Swissotel, Mövenpick, Grand Mercure, The Sebel, 25 hours hotel, Handwritten, Novotel, Mercure, Tribe, Adagio, Mama Shelter, Ibis, Ibis Styles, Adagio Success, Ibis Budget, Jo&Joe, hotelFormule1, hotel F1, Thalassa Sea&Spa, Greet, and others.

In the third quarter of 2026, the group generated revenue of EUR 1.503 billion, up 7.7% (at constant exchange rates) compared to the third quarter of 2025.
Accor SA shares are listed on the Euronext stock exchange in Paris and traded on the U.S. over-the-counter market.

In Ukraine, Accor operates ten hotels: the 3-star ibis in Kyiv, the ibis Styles and ibis in Lviv, the 5-star Fairmont Grand Hotel in Kyiv, the Novotel Living Kyiv, and the Adagio Kyiv Beresteiska aparthotel. The operator’s portfolio is rounded out by the Mercure Kyiv Congress Hotel and the MGallery Hôtel de Paris (Odesa, temporarily closed).

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