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 (...)
The Accor group has appointed Brune Poirson as Director of sustainable development. She will report directly to Sébastien Bazin, Chairman and CEO, and becomes (...)
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 (...)
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 (...)
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 (...)
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 (...)
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-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 (...)
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 (...)
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 (...)
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 (...)
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 (...)
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 (...)
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. (...)
© Business Immo 2024 CoStar Group
