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# Jin Jiang increases stake in Accor
- URL: https://hospitality.pro/jin-jiang-increases-stake-in-accor/
- Published: 2016-02-03T03:48:59.000Z
- Updated: 2016-02-03T03:48:59.000Z
- Author: Holedo
- Tags: Hospitality Industry News, AccorHotels, News, Purchases and Sales, #wordpress, #Import 2026-04-16 12:15

Shanghai Jin Jiang International has raised its stake in French hotel group AccorHotels to 5.5 percent, becoming its second-largest shareholder, according to a regulatory filing.  
A growing number of French and Chinese groups have joined forces in recent years to seek opportunities in tourism, with Chinese investor Fosun buying a stake in French holiday group Club Med last year.  
Jin Jiang International also bought Europe’s No. 2 budget operator, France’s Louvre Hotels Group, from US investment group Starwood Capital in 2015.  
Last week AccorHotels finalised its strategic alliance with China Lodging Group, which will create a major new player in the fast-growing Chinese domestic travel and hospitality market.