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France’s AccorHotels strikes deal to buy Chile hotel group Atton



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 of Movenpick Hotels. AccorHotels will acquire 100 percent of the management company that operates 11 Atton hotels across Chile, Peru, Colombia and Florida in the United States.

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