Accor Takes $288 Million Hit and 8 Other Hospitality Trends This Week

>>Uh oh! Is this the start of Accor’s ambitious acquisition strategy unraveling or simply a bump in the road? AccorHotels Takes $288 Million Hit on Onefinestay and John Paul Investments

>>It’s all quiet for now, but what happens when the tariffs expand beyond China and into Europe? Hilton CEO Doesn’t See Any Negative Impact From Potential Trade Wars

>>So much for being asset light. However, this strategy does align with previous comments AccorHotels’ CEO has made about wanting to lead in emerging markets, Africa included: AccorHotels Sets Up $1 Billion Fund With Qatar Partner to Focus on Africa

>>As the big hotel companies increase their focus on soft brand collections, it’ll become even tougher for collections like Small Luxury Hotels of the World, Relais & Châteaux, and Leading Hotels of the World to compete. Ferret has some stiff competition to battle in the coming years: Small Luxury Hotels of the World Appoints New CEO

>>Overall guest satisfaction with hotels in North America is at an all-time high. Still, that doesn’t mean the hotel industry should be congratulating itself; there’s still work to be done: Hotel Direct Bookings Remain Flat Despite Big Marketing Push

>>The travel industry is still trying to figure out the best way to deal with overtourism — but just the fact that so many players are talking about the issue is a good thing: Meliá Hotels Wants to Address Overtourism by Focusing on Quality Over Quantity

>>Given HNA’s willingness to sell many of its other assets, offloading the Radisson Hotel Group looks like a likely scenario: Radisson Hospitality in the Dark Over HNA’s Plans

>>We’re fairly certain Extended Stay America — just like nearly every other public hotel company in existence — will likely pursue a spinoff: Extended Stay America Might Spin Off Its Real Estate Unit

>>Amadeus hopes to clear some of the underbrush that’s grown up in hotel technology. If it succeeds, it will likely reshape the costs and systems used for selling rooms industrywide: Amadeus Hospitality Is a Tough Sell Despite Progress With InterContinental Hotels Group