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Accor sells stake in Huazhu for €239m

Accor has sold a 1.5% stake in Huazhu Group Limited, a multi-brand hotel management company in China, for €239 million. Accor said, after this transaction, it owns a 3.3% stake in Huazhu and...

Accor partners with Ennismore to form global lifestyle hotel entity

Europe's largest hotel group Accor and Ennismore, the owner of Hoxton hotels, are entering into a partnership to form a global lifestyle entity in...

AccorInvest closes €1.06bn acquisition of Polish hotel group Orbis

AccorInvest has announced the closing of the acquisition of the Polish hotel group Orbis on 11 March. At the end of 2019, AccorInvest had...

Accor to sell 85.8% stake in Orbis to AccorInvest for €1.06bn

Accor has entered into a binding agreement to sell its 85.8% stake in Orbis to AccorInvest at a price of PLN115 per share, corresponding...

Accor to expand its portfolio in Philippines

Accor will expand its portfolio in the Philippines with a new nine hotels signed this year which will be managed by the international augmented hospitality group. With...

Accor plans to open 1200 coworking spaces for WOJO in Europe

Accor plans to open 1200 coworking spaces in under 3 years for WOJO to become the leading coworking brand in Europe by 2022. The...

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