AccorHotels’ ambitious strategy to buy up companies across the travel space has suffered a setback after it wrote off $288 million (€246 million) from two of its marquee investments, Onefinestay and John Paul. The company had previously hinted that all was not well in its New Businesses unit, but has waited until now to reveal … Continue reading AccorHotels Takes $288 Million Hit on Onefinestay and John Paul Investments