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.
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.
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.
Accorhotels announces first SO/ project in the Middle East with DMCC
SO/, AccorHotels’ brand, announced its debut property in the Middle East with the SO/ Uptown Dubai. The hotel set to open by late 2020, will feature 188 rooms in addition to 215 branded residences. Inspired by edgy and bold architecture, interiors for the luxury property will be brought to life...
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