Accor Asia Pacific will establish its Asia Pacific headquarters in Singapore by the end of 2007.

Accor Asia Pacific Chairman David Baffsky said that Singapore was now one of the region's most important tourism and financial hubs and was the ideal location to drive Accor's growth and development plans in the region.

Accor Asia Pacific Managing Director, Michael Issenberg, said "We have a long and well-established relationship with Singapore, our first hotel in the Asia Pacific region opened in Singapore in 1982, and since then the city's influence in the Asia Pacific tourism industry has grown substantially. We relocated our senior vice president for Asia Pacific development to Singapore in 2006, and by the end of the year we will have the key Asia Pacific operational, human resources, sales and marketing, finance functions and communications based in Singapore."