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References in periodicals archive ?
Accor has ambitious plans for the Middle East and our participation in this year's AHIC and ATM will highlight how we continue to advance our regional network," said Christophe Landais, managing director for Accor Middle East.
The price includes a EUR25m value for the stake, with the other EUR3m representing the refund of a loan from Accor to the JV, the vendor said in a statement.
Accor Middle East will host a media round-table on day one of the summit, in order to release details about its growing portfolio.
Accor is already the biggest hotel operator in Australia, and by acquiring 100% Mantra, the number two, it reinforces its dominant position in the country with an 18% market share.
Currently, Accor has management contracts to run luxury-based Sofitel and Raffles hotel brands.
Interval International, an operating business of ILG (Nasdaq:ILG), disclosed on Tuesday the renewal of its master affiliation agreement with APVC Ltd, operator of Accor Vacation Club.
Accor was the first hotel group to venture into the tourism business in Iran following the nuclear deal, when it signed a contract in September 2015 with local company Aria Ziggurat to manage two hotels.
Fastbooking gives you the opportunity to create an all-in-one site, with SEO, search engine acquisition, and all the extra services," David Henry, vice president sales, marketing & distribution, Accor Middle East told Hotelier Middle East.
Kearns said, "France is an important market for US investors, and we'll work closely with Accor to help the company achieve enhanced visibility with this new sponsored DR program.
Accor has previously traded in the US as an un-sponsored DR.
Sebastien Bazin, Accor Chairman and Chief Executive Officer, said: Accor is transforming on a strategic,
As the second ibis hotel at Dubai World Trade Centre, and Accor's third property near the site, it brings the number of Accor rooms in the district to 1,210.