Development Pipeline Scheduled for 2026

Mövenpick Resort Tsaghkadzor

Accor to open new Mövenpick hotel in Armenia

Accor, a world leading hospitality group, today announces the signing of an agreement with 4A Capital LLC to open a new Mövenpick hotel in Armenia. Located in Tsaghkadzor, the country's most popular ski and resort town, the 198-room newly constructed hotel, Mövenpick Resort Tsaghkadzor, is expected to open in 2026. Guests will enjoy the best of Swiss hospitality, high-end food and beverage concepts, and access to rewards through the global loyalty programme, ALL - Accor Live Limitless.

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Photo by Accor

Founded in 1948, Mövenpick pioneered the Swiss restaurant scene and evolved into a premium international hotel brand with inventive culinary excellence at its heart. Today that same generous and creative hospitality lives on in each of its 125+ hotels around the world, where cuisine serves as the cornerstone for fostering meaningful human connections, igniting creativity, and driving positive change. The destination-inspired hotels allow guests to enjoy meaningful family moments, inspiring business interactions, and moments of indulgence all over the world.

4A Capital LLC is a fast-growing property development company with a portfolio of residential and commercial properties. As part of the development project, property investors will be able to buy some of the hotel rooms operated by a professional management company under the renowned known Movenpick brand, which will set a new investment opportunity in the Armenian real estate market.

Thanks to its location in the heart of Armenia's most popular ski and health resorts, the new hotel will become a focal point for tourists and residents. Situated at 52 Saralanj street, the hotel will be a seven-minute drive from Tsaghkadzor Ski Resort, which offers 15 pistes and five ski lifts to sports enthusiasts of all levels. Mövenpick Resort Tsaghkadzor will be located within walking distance from the famous medieval Kecharis Monastery, and only a 40-minute drive away from the capital city of Yerevan.

The hotel will offer spacious and comfortable rooms of various categories, including standard double rooms and suites, elegantly designed and inspired by Mövenpick's Swiss heritage. Facilities will include a high-end restaurant, a lobby bar, and rooftop lounge with panoramic mountains views. Guests will be able to enjoy the Mövenpick's renowned Swiss ice cream, finest chocolate treats and homemade sweets during the daily signature Chocolate Hour in the hotel lobby. The hotel will also feature a swimming pool, a spa centre offering an array of programmes for body relaxation and mental wellbeing, and a modern fitness centre. For business meetings and special events, Mövenpick Resort Tsaghkadzor will feature several conference facilities.

Hotel Website
Europe Armenia Tsaghkadzor

Mövenpick Hotels & Resorts, an international upscale hotel management company with over 16,000 staff members, is represented in 24 countries with 80 hotels, resorts and Nile cruisers currently in operation. More than 30 properties are planned or under construction, including Chiang Mai and Koh Samui (Thailand), Palawan (Philippines), Sanya (Hainan Island, China) and Djerba (Tunisia).

Accor is a world-leading hospitality group offering stays and experiences across more than 110 countries with over 5,600 hotels and resorts, 10,000 bars & restaurants, wellness facilities and flexible workspaces. The Group has one of the industry's most diverse hospitality ecosystems, encompassing around 45 hotel brands from luxury to economy, as well as Lifestyle with Ennismore.