Articles tagged “accor”

Accor CEO Says Corporate Reorg Has Nothing To Do With Covid Impact Despite Massive Layoffs

Accor CEO Says Corporate Reorg Has Nothing To Do With Covid Impact Despite Massive Layoffs

Cameron Sperance, Skift

The global pandemic still impacted Accor's recent corporate restructuring, whether the company sees it that way or not.

3 days ago

Accor Just Restructured the Company in the Middle of a Pandemic: Why Now?

Accor Just Restructured the Company in the Middle of a Pandemic: Why Now?

Cameron Sperance, Skift

Accor's corporate overhaul is all about recognizing that a localized business strategy may be the only way to grow revenue under an uncertain travel climate with varied geographic responses to the pandemic.

2 weeks ago

Shifting Google Dance Partners and 9 Other Coronavirus Travel Stories This Week

Shifting Google Dance Partners and 9 Other Coronavirus Travel Stories This Week

Dennis Schaal, Skift

In coronavirus-related travel stories this week, Skift looked at the shifting lineup in Google vacation rentals, Airbnb's ambitions, what a prospective merger between IHG and Accor might look like, and how Croatia's tourism experiment is working out.

4 weeks ago

What Would an IHG-Accor Merger Look Like Anyway?

What Would an IHG-Accor Merger Look Like Anyway?

Cameron Sperance, Skift

Another day, another rumor that Accor and IHG will combine forces. But even a successful merger is unlikely to send the hotel industry into a wave of consolidation due to so many other distressed deals expected during the pandemic recovery.

4 weeks ago

Accor Shows Interest in Merger With IHG to Create Global Hotels Behemoth: Report

Accor Shows Interest in Merger With IHG to Create Global Hotels Behemoth: Report

Reuters

It would be the biggest industry marriage since Marriott and Starwood. Is it the pandemic, or did Accor CEO Sebastien Bazin have his eyes set on IHG all along?

1 month ago

When Work From Home Turns Into Work From a Hotel Suite: The New Corporate Travel

When Work From Home Turns Into Work From a Hotel Suite: The New Corporate Travel

Matthew Parsons, Skift

Freed from the shackles of the office, the emerging "work from anywhere" trend is tempting for employees — and hotels. Some employers might have a different view.

1 month ago

Accor and SBE Begin Global Expansion of Delano Hotel Brand Despite the Pandemic

Accor and SBE Begin Global Expansion of Delano Hotel Brand Despite the Pandemic

Cameron Sperance, Skift

The worst time ever to launch a global expansion of an iconic luxury hotel brand? Maybe not, if you are players like Accor and SBE with enough capital and Delano brand awareness.

1 month ago

Accor’s Pandemic Shakeout Includes Shedding 1,000 Jobs, Possible Sale of Iconic Paris HQ

Accor’s Pandemic Shakeout Includes Shedding 1,000 Jobs, Possible Sale of Iconic Paris HQ

Matthew Parsons, Skift

The cost cutting program, unfortunately, was inevitable. The healthy occupancy rates from China, France, and Germany were unexpected. Is recovery in sight?

2 months ago

IHG, Hilton, Marriott Among Hotel Giants Battling for UK Budget Hotel Chain

IHG, Hilton, Marriott Among Hotel Giants Battling for UK Budget Hotel Chain

Cameron Sperance, Skift

Major hotel companies are swooping into the negotiating room for a deal with Travelodge's UK landlords because they represent the most durable line of business in the volatile industry at the moment: economy, drive-to properties.

2 months ago

Accor Still Keen to Find Investors for Its Software Business Despite Pandemic Fallout

Accor Still Keen to Find Investors for Its Software Business Despite Pandemic Fallout

Sean O'Neill, Skift

D-Edge needs a financial partner besides Accor to fuel its dreams of hotel tech expansion. Expect other hotel groups to join Accor in rethinking their tech plays.

3 months ago

A European Summer Without Americans Threatens Already Struggling Luxury Hotels

A European Summer Without Americans Threatens Already Struggling Luxury Hotels

Cameron Sperance, Skift

The EU's ban on American travelers is another revenue hit for European hoteliers, but also an opportunity to build up a domestic travel base.

3 months ago

IHG and Accor Leaders See Short-Term Virus Response Fueling Longer-Term European Hotel Strategies

IHG and Accor Leaders See Short-Term Virus Response Fueling Longer-Term European Hotel Strategies

Matthew Parsons, Skift

The hotel sector is nothing if not inventive, and IHG and Accor have bold ideas to take advantage of what's shaping up to be a mostly domestic summer season.

3 months ago