Tag: Accor
Covivio, AccorInvest in talks to consolidate property and business assets
Covivio has entered into exclusive negotiations with AccorInvest to consolidate their jointly held hotel properties and business assets. Through its subsidiary Covivio Hotels, Covivio owns...
Valesco acquires Accor’s global HQ tower in Paris for €460m
London headquartered European real estate fund manager The Valesco Group has acquired the iconic Sequana Tower in Paris from European hotel group Accor for €460 million...
Ennismore, Cain enter partnership for Delano
Cain International, the privately held investment firm, and Ennismore, the lifestyle hospitality company and joint venture with Accor, which holds a majority shareholding, have...
Accor to sell 10.8% interest in Ennismore to Qatari consortium
Accor Tuesday said it is entering into exclusive negotiations to sell a 10.8% stake in Ennismore, the lifestyle hospitality company, to a Qatari consortium...
Hines, Accor announce plans for hotel in MilanoSesto
Hines and Accor have announced plans for a hotel at MilanoSesto, the largest urban redevelopment project in Italy and one of the biggest in...
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...