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Stephen Alden

Chief Executive Officer Raffles & Orient Express

Carina Alfonso Martin

Directrice des Relations Media Monde

Alexandre Archier

Group SVP Public Affairs

Philippe Averseng

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

Philippe Averseng

SVP for Managed Opérations France

Stephen Alden

Chief Executive Officer Raffles & Orient Express

Carina Alfonso Martin

Directrice des Relations Media Monde

Alexandre Archier

Group SVP Public Affairs

Philippe Averseng

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

Philippe Averseng

SVP for Managed Opérations France

Maud Bailly

Chief Executive Officer Southern Europe - Executive Committe Member

Sébastien Bazin

Président directeur général

Catherine Beike-Rawanduzi

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

Gaurav Bhushan

Directeur général de la division Lifestyle

Bertrand Blaquie

Directeur des opérations

Sven Boinet

Directeur général délégué

Pierre Boisselier

Deputy Chief Financial Officer

Besma Boumaza

Group General Counsel - Board Secretary

Nicolas Broussaud

Responsable acquisitions hôtelières

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

Guillaume de Saint Lager

Vice President Orient Express

Marc Descrozaille

Directeur des opérations Moyen-Orient et Afrique

Frédéric Fontaine

Senior Vice President Global Innovation Lab

Marie-Agnès Froment

Directrice communication Ibis, Ibis Styles et Ibis Budget

Renaud Gasnier

Senior Vice President Operations Franchise

Saskia Gentil

Senior Vice President Sales - Southern Europe

Xavier Grange

Senior Vice President Development Southern Europe

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 - Directeur financier

Amir Nahai

Directeur des achats

Coro Ortiz De Artinano

Vice President Marketing Innovation Lab

Damien Perrot

Senior Vice President Design Multibrand

Brune Poirson

Directrice du développement durable - Membre du comité exécutif

Agnès Roquefort

Chief Development Officer - Member of the Executive Committee

Edouard Roux De Lusignan

Senior Vice President Topline France et Europe du Sud chez AccorHotels

Isabelle Rugo

SVP Global Development Marketing and Partner Relationships, Global Hotel Development

Nicolas Sarkozy

Administrateur indépendant et Président du comité "Stratégie Internationale"

Pauline Staub

VP Marketing Emerging Brands

Thibault Vior

Chief Executive Officer New Business


The Trigano family raises €220m to create a new hotel concept with Philippe Starck

The Trigano family has raised €220m from the French tourism fund Atream, chaired by Pascal Savary, to create a new hotel concept. To create (...)


Extendam takes over the Novotel Rouen Sud to transform it

Paris-based pan-European hospitality investor Extendam has acquired the premises and business of Novotel Rouen Sud. The 134-room hotel (5,400 sqm), located in the Technopôle (...)


"There is a potential of at least 1 500 new rooms in Spain for Accor's luxury brands"

BiTV Interviews welcomes Xavier Grange, Senior Vice President Development Southern Europe at Accor. The Paris-based global hospitality group inaugurated this week in Barcelona the first hotel of (...)


Accor sells its Issy-les-Moulineaux HQ for €465m

The Accor Group has announced that it has entered into exclusive negotiations with the Valesco Group to sell its headquarters, the Sequana Tower, for (...)


"What better place to set up your office than in a hotel?"

Business Immo: What is the origin of this partnership between Wojo and Kasada?   Olivier Granet: Kasada is currently the most active investor in the hotel (...)


Extendam acquires two hotels off-market in Spain

Off-market, Extendam has acquired two new hotels in Galicia, in the centre of A Coruña. The fund has acquired a 59-room DoubleTree by Hilton (...)


Morland Mixité Capitale is no more, long live La Félicité

Anne Hidalgo, mayor of Paris (left wing), unveiled the new name of the Morland Mixité Capitale building in the 4th arrondissement on Wednesday evening, (...)


Why Europe's hotel industry recovery could be tempered by macroeconomic and geopolitical pressures

BiTV Interviews welcomes Hina Shoeb, Director Retail, Media & Leisure at S&P Global Ratings. In its recently published analysis, S&P Global Ratings states that many European lodging (...)


"Upscale and luxury are the focus of investor interest".

Business Immo: What are Accor's priorities in Southern Europe? Xavier Grange: We want to focus on higher-end hotels, from top-of-the-range to luxury. The challenge is (...)


Covivio lets 31 hotels in France to B&B HOTELS

Paris-based REIT/SIIC Covivio has signed a memorandum of understanding, through its subsidiary Covivio Hotels, with B&B Hotels for the takeover and sale-lease of 31 (...)


Accor plans to open more than 300 new hotels this year

The Accor group plans to open more than 300 new hotels and resorts in 2022, according to information from the specialist press agency Option (...)


"The third place is in the process of finding its economic model"

Business Immo: Tell us about your department... Claire Flurin: With more than €1.6bn in assets under management, Keys REIM, the portfolio management company of the (...)


Mipim expects 5,000 visitors in September in Cannes

According to our sources, for its September 7 and 8 edition, French real estate fair Mipim will receive no less than 5,000 visitors. A (...)


International investors back with a bang at Mipim September Edition

With two months to go before the opening of the Mipim September Edition, the teams at RX France (formerly Reed Midem) can be reassured. (...)


Accor to sponsor a corporate €300m SPAC

Accor has announced its intention, subject to market conditions, to sponsor a Corporate Special Purpose Acquisition Company (SPAC), the Accor Acquisition Company (AAC), to (...)


The Accor group, soon to be a service "platform"?

The world's sixth largest hotel group is banking on flex-office and services. After publishing a halved turnover in the first quarter of 2021, the (...)


Atream welcomes Damien Buisson as the new Director of Hotel Private Equity

Atream has welcomed Damien Buisson as director of private equity investments in the hotel industry. He will strengthen the management company's tourism department, under the (...)


"AccorInvest's goal is to complete its transformation"

Business Immo:More than a year has passed since the beginning of the health crisis. What do you take away from this very difficult year (...)


Former French Minister Brune Poirson joins Accor group

The Accor group has appointed Brune Poirson as Director of sustainable development. She will report directly to Sébastien Bazin, Chairman and CEO, and becomes (...)


Extendam continues to invest in the hotel business off-market

Extendam has announced the off-market acquisition of a hotel combo combining the Ibis and the Novotel Marne-la-Vallée Noisy-le-Grand. Acquired under "favourable conditions", these hotels, (...)


Accor to sell a 1.5% stake in Huazhu for €239m

Paris-based global hospitality giant Accor has announced that it has completed the disposal of a 1.5% stake in Huazhu Group Limited (HTHT) for €239m. After (...)


Eurocommercial to sell Les Trois Dauphins in Grenoble

Amsterdam-based retail REIT Eurocommercial has announced the upcoming sale of the mixed-use building Les Trois Dauphins to Crédit Agricole Sud Rhône-Alpes and Deltager. This 17,000 sqm (...)


Quentin Laferté joins CBRE’s hotel department as Transaction Director for France, Belgium & Luxembourg

Following the arrival of Sami Mendil as Investment Director at the beginning of the year, CBRE continues to strengthen its hotel department and announces (...)


Accor double downs on lifestyle with Ennismore merger

Accor and Ennismore have announced they are entering into exclusive negotiations “to form the world’s leading lifestyle operator in the hospitality sector, focusing on (...)


Fitch Ratings downgrades Accor to BB+, stable outlook

Fitch Ratings has downgraded Accor’s long-term issuer default rating (IDR) to BB+. The firm had already downgraded the French hospitality giant in March to (...)


Accor’s revenue down 68.7% in Q3 2020

A revenue in Q3 2020 came in at €329m, down by 68.7% as reported, and by 63.7% like-for-like due to the effects of the (...)


Wojo aims to answer the companies’ new flexibility needs

The current health and economic crisis have taken companies by surprise, disrupting work habits. With the forced home office and the unpredictable future, the (...)


Reed Smith strengthens its Paris real estate practice with the arrival of Carole Steimle

According to BI sources, Reed Smith – a global law firm with over 80 lawyers in Paris - is strengthening its real estate practice (...)


Keys REIM joins forces with Accor for a new fund dedicated to serviced apartments

Keys REIM, a subsidiary of the Keys Asset Management group, has launched a new investment vehicle dedicated to the serviced apartment sector. This fund, (...)


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 (...)


"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 (...)


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 (...)


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 (...)


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 (...)


"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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


“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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


"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 (...)


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 (...)


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 (...)


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 (...)


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 (...)


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% (...)


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 (...)


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 (...)


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 (...)


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. (...)


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 (...)


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 (...)


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 (...)