| 14/05/2018
Reuters French group AccorHotels has agreed to buy the management company behind Chile’s Atton Hotels for around $105 million, in a deal which AccorHotels said would boost its earnings and strengthen its position in Latin America. The Atton Hotels deal marks the latest example of AccorHotels’ ambitious takeover plans, and follows its acquisition last month […]
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Business Recorder | 18/10/2017
Business Recorder France’s AccorHotels said Thursday it has reached a deal to buy Australian hotel operator Mantra for 900 million euros ($1 billion), in a move that will strengthen its “long-term grown in the Asia Pacific region”. The agreement, yet to be approved by Mantra shareholders, will see the Australian operator’s shares sold at AUD$3.96 […]
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Hotel Management | 09/08/2017
Hotel Management AccorHotels and Bouygues Immobiliser have created a 50/50 joint venture with the aim of accelerating the growth of Bouygues Immobiliser’s co-working brand Nextdoor in France and throughout Europe. This latest investment sees AccorHotels further expand its concept of hospitality as it builds on the “three verticals” strategy it announced earlier this year, increasing […]
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Reuters | 31/03/2017
REUTERS AccorHotels and French investment firm Edmond de Rothschild are in talks to buy Groupe Potel & Chabot, a company with sales of around $105 million which runs upmarket conference centers and hospitality events. The acquisition of Potel & Chabot will strengthen AccorHotels’ hospitality business, with Accor having recently made similar acquisitions such as its […]
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HURRIYETDAILYNEWS | 07/03/2017
HURRIYETDAILYNEWS France’s AccorHotels and Turkey’s Rixos Hotels signed a strategic partnership deal to expand mainly in the luxury segment, Reuters reported March 6. Under a long-term joint venture, both parties said they intended to collaborate, develop and manage Rixos-branded resorts and hotels around the world, according to statements from the companies. Click here to […]
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The New York Times | 08/04/2016
The New York Times AccorHotels, one of Europe’s largest hotel groups, announced on Tuesday that it had bought Onefinestay, a London-based short-term vacation rental company, for 148 million euros (169 million dollars). The move is the latest effort by AccorHotels to expand into the so-called sharing economy after companies like Airbnb have made it more […]
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