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Contributors

Carina Alfonso Martin

Directrice des Relations Media Monde

Vincent Arnaud

Regional Vice President Sofitel France

Philippe Averseng

SVP for Managed Opérations France

Philippe Averseng

Directeur opérationnel (Ibis-Ibis-Style, Ibis Budget), Paris Ile-de-France et France Nord

Sébastien Bazin

Président directeur général

Carina Alfonso Martin

Directrice des Relations Media Monde

Vincent Arnaud

Regional Vice President Sofitel France

Philippe Averseng

SVP for Managed Opérations France

Philippe Averseng

Directeur opérationnel (Ibis-Ibis-Style, Ibis Budget), Paris Ile-de-France et France Nord

Sébastien Bazin

Président directeur général

Catherine Beike-Rawanduzi

VP Asset management pour Paris et l'Ile-de-France

Bertrand Blaquie

Directeur des opérations

Sven Boinet

Directeur général délégué

Nicolas Broussaud

Responsable acquisitions hôtelières

Gaurav Brushan

Directeur général du développement

Chris Cahill

Directeur général adjoint et directeur général en charge des opérations hôtelières

Angélique Cambon

Communication Manager Corporate and Digitale

Grégoire Champetier

Directeur général marketing, en charge de la stratégie des marques, du design, du marketing, de la distribution

Sébastien Couderc

Directeur du développement toutes marques - Franchise France

Marc Dardenne

Directeur des opérations des marques de luxe en Europe

Gilles De Richemond

Directeur des système d'informations

Marc Descrozaille

Directeur des opérations Moyen-Orient et Afrique

Frédéric Fontaine

Senior Vice President Global Innovation Lab

Stéphanie Fougou

Secrétaire générale

Marie-Agnès Froment

Directrice communication Ibis, Ibis Styles et Ibis Budget

Renaud Gasnier

Senior Vice President Operations Franchise

Franck Gervais

Chief Executive Officer Accor Europe

Cédric Gobilliard

Senior Vice President Lifestyle

Arnaud Herrmann

Directeur du développement durable

Margaryta Kalancha

Responsable communication Europe du Sud

Iris Knobloch

Vice-présidente du conseil d'administration et administratrice référente

Pierre Lagrange

Directeur des opérations franchise Paris Ile-de-France

Francis Martinon

Directeur asset management

Jean-Jacques Morin

Directeur général adjoint, chargé des finances, de la communication et de la stratégie

Amir Nahai

Directeur des achats

Coro Ortiz De Artinano

Vice President Marketing Innovation Lab

Damien Perrot

Senior Vice President Design Multibrand

Pierre Régent

Directeur des relations institutionnelles du groupe

Isabelle Rugo

SVP Global Development Marketing and Partner Relationships, Global Hotel Development

Nicolas Sarkozy

Administrateur indépendant et Président du comité "Stratégie Internationale"

Sébastien Valentin

Chief Communications Officer

Arnoud Vink

Directeur de la franchise et du développement hôtellerie France

Thibault Vior

CEO New Business

Office

France’s Wojo launches "Wojo for impact" programme for unused office space

Coworking operator Wojo, a joint venture from French hospitality giant Accor and Bouygues, has announced the launch of its "Wojo for impact" programme, which (...)

Office

"More than 300 Wojo Spots will reopen in Accor hotels and strengthen our attractiveness."

Business Immo: How is it like for Wojo today? Stéphane Bensimon: We reopened all our services on our sites on Monday 11th May, even though they (...)

Hospitality

France’s hospitality players draw up a recovery plan for the hotel industry

AhTop, the representative association of France’s professional hospitality and tourism stakeholders, has presented a plan to revive the hotel industry to the Interministerial Committee (...)

Hospitality

Accor’s consolidated revenue down 17% for 1Q20

Paris-based hospitality giant Accor’s consolidated revenue totaled €768m for 1Q20, down 17% as reported and 15.8% like-for-like. As of 22 April, 62 % of (...)

Hospitality

Accor fixing to close two thirds of its hotels in the coming weeks, suspends dividend payment

Over two thirds of Accor branded hotels are likely to be closed in the coming weeks, the Paris-based hospitality giant announced yesterday, with more (...)

Hospitality

"AccorInvest’s strategy is to grow in the economy and mid-scale segments in Europe"

With the acquisition of Polish hotel group Orbis, 2019 was a very active year on the investment front for AccorInvest, the real estate division (...)

Hospitality

Paris-based Accor sells Polish Orbis hotels to AccorInvest for €1bn

Paris-based global hotel operating giant Accor has completed the sale of the Polish group Orbis to its AccorInvest associate for €1.06bn, retaining only the (...)

Office

Singapore’s GIC confirms BI report of Paris PB6 tower buy, said at €550m

Singapore’s sovereign wealth fund GIC has confirmed its purchase of the 60,000 sqm Paris La Défense PB6 tower, which BI sources in September said (...)

Hospitality

Germany's Union Investment eyes road ahead for hotel real estate in Europe

Business Immo: What role do hotels play in Union Investment's activity? Andreas Löcher: About 40 years ago, Union Investment was one of the first institutional investors to (...)

Hospitality

Hotel sector in Romania's Bucharest said holding significant growth potential

The hotel market in the Romanian capital of Bucharest offers significant potential for growth due to high occupancy and low prices, says specialist adviser (...)

Finance

French Keys Asset Management 2.0 rocket ready for takeoff

The duo Pierre Mattei and Cyril Garreau has already set course .. for 2024. Their Paris-based Keys Asset Management, founded in 2011, has hit (...)

Hospitality

Paris's AccorInvest boosts mid-segment with pan-European hotels acquisition

Paris-based hotel group AccorInvest has completed purchase of a pan-European portfolio of four assets totalling 661 rooms to boost its presence in the mid-market (...)

Hospitality

“Covivio has acquired a stake in 32 Accor hotels with significant value creation potential”

Business Immo: What does Covivio Hotels unit represent today? Dominique Ozanne: Today, Covivio's hotel business represents €6bn in assets, representing around 15% of our revenues. This activity (...)

Hospitality

Accor to sell Polish Orbis plus €1.18bn real estate, buy its contracts business for €286m

Just months after boosting its stake in Poland's Orbis hotels, Paris hotel giant Accor is to sell its €1.18bn in real estate, buy its (...)

Hospitality

Paris hotel giant Accor to open 1,200 WOJO co-working spaces worldwide

To match the changing world of work, Paris-based hotel giant Accor plans to open 1,200 co-working spaces of its WOJO brand worldwide within three (...)

Hospitality

With 4,500 hotels planned in Europe, competition seen intensifying

With tourism stays in Europe up 2.2% to 3.1bn last year, over 4,500 hotels are being built or planned, and competition in urban locations (...)

Hospitality

French Accor's 2018 net soars over €2bn; to boost hospitality services

Paris-based hospitality giant Accor's 2018 net profit soared to €2.23bn from €446m in 2017 after a €2.4bn gain from its AccorInvest sale, and is to boost (...)

Hospitality

Principal REE in €123m Amsterdam, Nuremberg hotel sale from fund

Principal Real Estate Europe, formed from the takeover last year of UK manager Internos, has sold three hotels in Amsterdam and Nuremberg for €122.5m from (...)

Hospitality

France's AccorHotels in €442m bid for remaining 47% in Poland's Orbis

Paris-based global hospitality giant AccorHotels has launched a takeover bid for the 47.31% stake in Polish hotel firm Orbis that it does not already (...)

Office

BNP Paribas REIM buys in Paris for Korean investor, sells in Rome for €51m

BNP Paribas REIM has acquired an office building in Paris for a Korean investor just days after selling an asset in Rome for €51m (...)

Hospitality

Covivio Hotels targets seven Euro cities, profit over 30%, best use

French REIT/SIIC Covivio has pared hotel holdings to 400 and now targets seven European cities, operating profit of over 30% and cooperation with operators (...)

Office

"France is very focused on innovation"

Business Immo: How is French PropTech developing? Régis Chemouny: Investments in PropTech are expected to reach $ 20 billion worldwide in 2020, compared to $ 12 billion (...)

Hospitality

AccorHotels drops Air France plan; Colony offers for 7% more in AccorInvest

Europe's largest hotelier AccorHotels reported a 4.2% rise in first half operating profit to €266m but has dropped plans to buy a stake in (...)

Hospitality

Accor, Katara sign joint $1bn Africa hotel fund targeting 40 assets

AccorHotels, the Paris-based global hospitality giant, and Qatar-based Katara Hospitality have created an fund dedicated to hospitality in Africa with an investment capacity of over $1bn. The new fund will target the (...)

Hospitality

Jinjiang's Louvre Hotels in CEE focuses on Warsaw, Belt & Road cities

Paris-based Louvre Hotels, owned since 2015 by China's Jinjiang group, should soon double its Poland assets to 40, says a top executive. Its eastern Europe (...)

Hospitality

France’s AccorHotels signs partnership to boost budget segment

Just days after ceding control of a €4.6bn portfolio, the Paris-based global hospitality group AccorHotels has announced a strategic partnership with budget hotel firm Dalmata Hospitality to bolster (...)

Hospitality

AccorHotels confirms it is eyeing France's 14.3% stake in Air France-KLM

Paris-based AccorHotels, which last week sold 57.8% of its AccorInvest unit for €4.6bn, confirmed a Les Echos newspaper report that is considering acquiring the French state's 14.3% (...)

Hospitality

AccorHotels 57.8% sale of AccorInvest unit to bring in €4.6bn

Paris-based AccorHotels has sold 57.8% of its AccorInvest unit to sovereign funds Public Investment Fund and GIC, institutions Colony NorthStar, Crédit Agricole Assurances and Amundi in a transaction bringing gross proceeds of €4.6bn. PIF is (...)

Housing

France’s Eurazeo, Spain’s Dazia said targeting €250m Spanish resi in JV

Paris-based Eurazeo Patrimoine, the real estate arm of listed private equity firm Eurazeo, is launching a €70m residential joint venture in Spain with Madrid's Dazia Capital which (...)

Hospitality

Paris hotel giant Accor acquires Swiss Mövenpick Hotels for €482m

Paris-based AccorHotels said Monday it has signed an agreement with Switzerland's Mövenpick Holding and Saudi Prince Alwaleed bin Talal’s Kingdom Holding to acquire Mövenpick Hotels & Resorts for CHF560m (€482m) in cash. Kingdom Holdings (...)

Hospitality

French Accor agrees to sell 55% stake in hotel investment unit for €4.4bn

Giant Paris-based AccorHotels has agreed to sell 55% in its AccorInvest investment unit to institutions including Saudi Arabia's Public Investment Fund, Singapore's GIC, France's Credit Agricole Assurances and Amundi, and Colony NorthStar. (...)

Finance

French Foncière des Régions boosts 2017 net 10% to €391m, sees favourable 2018

Diversified French REIT/SIIC Foncière des Régions last year raised net recurring income by 10% to €391m, and will propose a 2.3% dividend increase to (...)

Hospitality

Spain's NH hotel firm rejects Barcelo €2.5bn bid, leaves door open to better offers

The Spanish-based NH Hotel Group has rejected an unsolicited €2.5bn takeover bid from resort hotel group Barcelo, saying it would not create shareholder value (...)

Hospitality

French FdR simplifies hotels, housing stakes prior to repositioning

French REIT/SIIC Foncière des Régions, which in recent years has branched out far beyond its initial office focus, is simplifying its structure, buying out partners (...)