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 (...)
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 (...)
The Accor group plans to open more than 300 new hotels and resorts in 2022, according to information from the specialist press agency Option (...)
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 (...)
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 (...)
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 has announced its intention, subject to market conditions, to sponsor a Corporate Special Purpose Acquisition Company (SPAC), the Accor Acquisition Company (AAC), to (...)
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 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 (...)
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 (...)
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 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, (...)
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 (...)
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 (...)
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 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 has downgraded Accor’s long-term issuer default rating (IDR) to BB+. The firm had already downgraded the French hospitality giant in March to (...)
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 (...)
The current health and economic crisis have taken companies by surprise, disrupting work habits. With the forced home office and the unpredictable future, the (...)
According to BI sources, Reed Smith – a global law firm with over 80 lawyers in Paris - is strengthening its real estate practice (...)
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