AccorHotels completes its acquisition of a 50 percent stake in sbe Entertainment Group

AccorHotels completes its acquisition of a 50 percent stake in sbe Entertainment Group

sbe will accelerate its international growth with expansion into new markets outside of the US, including priority growth markets in the Middle East and Latin America.

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Chris Cahill and Jean-Jacques Morin have been appointed as Deputy Chief Executive Officers of AccorHotels 

Chris Cahill and Jean-Jacques Morin have been appointed as Deputy Chief Executive Officers of AccorHotels 

Chris Cahill and Jean-Jacques Morin have been appointed as Deputy Chief Executive Officers of AccorHotels 

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Mark Willis is Accor’s new Middle East and Africa CEO, Olivier Granet on a new journey with the chain

Mark Willis is Accor’s new Middle East and Africa CEO, Olivier Granet on a new journey with the chain

Will oversee a portfolio of 400 hotels in operation and pipeline and to drive continued growth and performance.

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AccorHotels and Mövenpick Hotels & Resorts finalize merger

AccorHotels and Mövenpick Hotels & Resorts finalize merger

With the close of this acquisition, AccorHotels has become the largest operator by room number in the Middle East and Africa.

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USD 1 billion joint sustainable hospitality fund launched by Katara Hospitality and Accorhotels dedicated to Sub-Saharan African countries

USD 1 billion joint sustainable hospitality fund launched by Katara Hospitality and Accorhotels dedicated to Sub-Saharan African countries

It will target greenfield projects, brownfield projects and conversions of existing hotels through acquisitions, in a region which offers robust growth opportunities.

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Accor to buy 50 percent stake of Sam Nazarian’s Sbe, deal valued at USD 319 million

Accor to buy 50 percent stake of Sam Nazarian’s Sbe, deal valued at USD 319 million

The purchase marks the latest example of Accor’s recent acquisition spree, with the French group agreeing to buy Chile’s Atton Hoteles last month.

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