Accor's Planned Leadership Re-Org May Invite Speculation About Eventual Asset Sale

Accor's board said on Tuesday the company wants to simplify its organizational structure to create two business units. The move, which raises questions about possible divestitures, has been sent to employee representative bodies for their approval.

The two business units would be an "economy, midscale, and premium" division for 4,816 hotels representing brands such as ibis, Novotel, Mercure, Swissôt