Articles tagged “accor”

News Blog

Accor Names New CEOs for Luxury Hotel Brands Orient Express and Fairmont

Accor said on Thursday it would appoint Gilda Perez-Alvarado as CEO of Orient Express, its luxury hotel brand, effective January 1. Just last month, Perez-Alvarado became the chief strategy officer for the Paris-based hotel giant group, a role she'll retain. Previously, she was global CEO of the hotel brokerage firm JLL Hotels & Hospitality.  Accor added…

News Blog

IDEAS: Tribe Nation to Debut in China with Urban Inspired Hotel

Accor has announced the signing of the first Tribe Nation hotel in China, in partnership with Guiyang Chengnan Investment and Development Company Ltd. Credit: Accor Located in in Huaxi District, a National All-For-One Tourism Zone in the southern part of Guiyang, the 136-room hotel is set to open in January 2025, and will offer a…

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Hotels

Q&A: Exploring Accor’s Vision for Its Premium, Midscale, and Economy Division

The CEO of Accor’s new premium, midscale, and economy division discusses the strategy behind the hotel group’s restructuring, the importance of delivering on sustainability commitments, and why building scale in today’s hospitality landscape requires focus and specialization.

Q&A: Exploring Accor’s Vision for Its Premium, Midscale, and Economy Division

Daily Lodging Report

Accor Welcomes 23 Mercure and Grand Mercure Hotels in Japan

Accor has sent an email blast to all its members about 23 Mercure and Grand Mercure hotels in Japan joining the system in 2024. There are the current Daiwa Resorts properties joining the Mercure and Grand Mercure brands in 2024.

News Blog

Accor’s Hotel Owner-Operator May Get More Indebted to Hedge Fund Sculptor

AccorInvest, a hotel owner-operator company that global hotel group Accor created in 2017, is seeing a rising share of its outstanding debt owned by one player, the hedge fund Sculptor, Bloomberg News reported on Tuesday. Sculptor "bought about half of the €270 million ($290 million) of loans previously owned by UniCredit SpA in recent weeks," Bloomberg reported…

Hotels

Ennismore Launches Twist on Hotel Loyalty: $5 Rooms and Surprise Trips

Drop culture can reshape the approach to experiential loyalty for hospitality brand Ennismore — but it needs to ensure enough experiences to go around to avoid frustrating its members.

Ennismore Launches Twist on Hotel Loyalty: $5 Rooms and Surprise Trips

News Blog

Accor CEO Advises Young Hotel Entrepreneurs on Scaling Up: WTTC Summit Video

If you want to enter the hospitality sector, start small and get financial support. But be aware that scaling up beyond a certain threshold can be tremendously hard. That was the advice from the head of one of the world's largest hotel groups, Accor chairman and group CEO Sébastien Bazin. "If it's your dream or…

Online Travel

How Indians are Traveling During the Festive Season: India Report

Indians are increasingly prioritizing travel experiences and the long holiday during the festive season is incentive enough to satiate that wanderlust.

How Indians are Traveling During the Festive Season: India Report

Daily Lodging Report

Accor Has a Record 42 Signed Deals in Asia

Accor said they are gearing towards a record-breaking year in signings in the Premium, Midscale and Economy Divisions across Asia. As of September, Accor has already signed management agreements for a total of 42 properties.

Daily Lodging Report

Accor Forecasts Robust Revenue and Profit for 2023

Accor expects full-year RevPAR growth to exceed 20%. 3Q RevPAR was up 15%, and they expect this momentum to continue.