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# Accor finalises concierge firm buyout
- URL: https://hospitality.pro/accor-finalises-concierge-firm-buyout/
- Published: 2016-11-16T15:32:39.000Z
- Updated: 2016-11-16T15:33:49.000Z
- Author: Holedo
- Tags: Hospitality Industry News, accor, News, #wordpress, #Import 2026-04-16 12:15

*Paris, France – 16 November 2016*  
1AccorHotels has finalised its acquisition of John Paul, a leader in the concierge market.

John Paul founder David Amsellem will retain a 20 percent stake in the company and continue to serve as its CEO. This acquisition values the company at US$150 million.

John Paul was established in Paris in 2007 and merged with American company LesConcierges in 2015 to create the world leader in premium customer and employee loyalty services.