Hospitality Industry News
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
Hospitality Industry News
Bonn, Germany – 7 November 2016 1Is Europe’s largest hotel company Accor planning a take-over of the stylish 25hours hotels? The Federal Cartel Office is verifying a share deal between both hotel chains, according to their web announcements. 25hours runs echt posh hotels in Germany, Austria and Switzerland. It
Hospitality Industry News
Shanghai, China – 14 October 2016 1Yagao Meihua Hotel Management has announced the formal opening of the Mercure Shanghai Zhangjiang. The hotel, formerly the Pudong International Talent City Hotel Shanghai, has been rebranded. In the more than nine months since Huazhu Hotels Group and Accor Hotels Group formally announced the signing
Hospitality Industry News
Frankfurt, Germany – 4 October 2016 1Fast expanding German hotel group Novum breaks it’s own record announcing project No. 100. A Indigo hotel and Staybridge Suites, first serviced apartment house of its kind, will open end of 2018 in the financial city centre of Frankfurt. Novum is franchise partner of
Hospitality Industry News
Paris – 27 September 2016 A new hostel concept for townsters and tripsters, Accor plans to launch with ‘Jo & Joe’. 50 low budget hotels are planned until 2020. Where the first project will be opened, is not scheduled yet. 1 1 1 Jo & Joe is a design work of
Hospitality Industry News
ibis Styles – described as an “economy designer brand” – has opened two hotels in Budapest. ibis Styles Budapest Center and ibis Styles Budapest City, both former Mercure establishments, convey the “Happy Mood” feel of the ibis family. 1 Gilles Clavie, president and CEO of Orbis SA/AccorHotels Eastern Europe, said: “The
Hospitality Industry News
Accor will separate its HotelInvest unit and plans to eventually sell a majority stake in the subsidiary to free up funds for the parent company to expand and improve existing lodgings. “The project would enable HotelInvest to initiate a new phase of dynamic growth by consolidating its existing asset portfolio
Hospitality Industry News
Varun Beach Bheemili Resort in India opens, managed by AccorHotels. Located 25 kilometres North-East of Visakhapatnam, the resort features 28 rooms overlooking the Bay of Bengal. 1 Varun Beach Bheemili Resort Jean-Michel Cassé, senior vice president, operations, AccorHotels India, says: “India is a priority market for us and
Hospitality Industry News
As part of the transformation of the HotelInvest asset base, AccorHotels announces the sale of a portfolio of 85 hotels in Europe in the Economy and Midscale segments, for a total consideration of €504 million, in accordance with the terms announced on January 27, 2016. These hotels will now be
Awards and Recognition
AccorHotels has unveiled the results of Planet 21, its sustainable development programme, and renews its commitments looking to 2020. “The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide are both valuable levers for our sustainable performance,” said group chairman and CEO Sébastien Bazin. “After five years,
Hospitality Industry News
AccorHotels aims to open 17 more hotels in Thailand including eight in Bangkok plus another six in Myanmar through 2019, to take advantage of rising tourism in Southeast Asia, Reuters reported. The Paris-based group, which runs 60 hotels in Thailand and three in Myanmar, expects Bangkok to be its
Hospitality Industry News
AccorHotels opens the Grand Mercure Qingdao Nanshan Resort in China, an upscale hotel with 508 guestrooms and suites. It is the second property under the Grand Mercure brand to open in Qingdao following the Grand Mercure Qingdao Airport, and the 14th hotel to join the brand’s network in Greater