Articles tagged “accor”

What You Need to Know About the Possible Sale of Luxury Hotelier Belmond

What You Need to Know About the Possible Sale of Luxury Hotelier Belmond

Deanna Ting, Skift

Shareholders are no doubt elated, but luxury travelers are concerned. They don't want Belmond to become another Ritz-Carlton, and get folded into another mega-hospitality giant.

1 month ago

HNA Group May Sell Radisson to Rival Chinese Conglomerate Jin Jiang

HNA Group May Sell Radisson to Rival Chinese Conglomerate Jin Jiang

Bloomberg

Nearly two years after HNA Group announced it would sell off Radisson Hotel Group to pay off some of its mounting debt, another Chinese conglomerate wants to add to its portfolio. Jin Jiang has been patiently growing its hospitality holdings, but may end up in a similar debt trap to HNA Group in the end.

2 months ago

Hyatt’s $22 Million Charge Underscores Hotels’ Homesharing Struggles

Hyatt’s $22 Million Charge Underscores Hotels’ Homesharing Struggles

Deanna Ting, Skift

Seems like both Hyatt and AccorHotels are struggling to find ways to make private accommodations work with their current business models. But we don't think they should give up hope just yet.

2 months ago

AccorHotels Finally Combines Fairmont, Raffles, and Swissôtel Loyalty Programs With Its Own

AccorHotels Finally Combines Fairmont, Raffles, and Swissôtel Loyalty Programs With Its Own

Deanna Ting, Skift

There's so much more AccorHotels could be doing with its loyalty program, including integrating it with its Accor Local mobile app. For now, however, the company seems more focused on making sure it doesn't upset any elite loyalty members from Fairmont, Raffles, and Swissôtel.

3 months ago

AccorHotels Is Buying Half of SBE Entertainment Group for $319 Million

AccorHotels Is Buying Half of SBE Entertainment Group for $319 Million

Deanna Ting, Skift

This AccorHotels investment in SBE aligns with its strategy for growth in North America as it adds more properties in key cities such as New York, Los Angeles, Las Vegas, and Miami. It does, though, contradict, in some respects, the chain's push to go asset-light.

3 months ago

An Insider’s Perspective on AccorHotels’ Wide-Ranging M&A Strategy

An Insider’s Perspective on AccorHotels’ Wide-Ranging M&A Strategy

Deanna Ting, Skift

By the time we publish this, we wouldn't be surprised if AccorHotels has already purchased or invested in another business.

3 months ago

What Accor’s Interest in Air France-KLM Means for the Travel Industry

What Accor’s Interest in Air France-KLM Means for the Travel Industry

Deanna Ting, Skift

AccorHotels, Airbnb, and everyone else in travel are clearly thinking about what it'll take to be the "super brand of travel" before other mega brands like Amazon and Google deepen their own investments in the travel space.

4 months ago

AccorHotels Considers Buying Stake in Air France-KLM

AccorHotels Considers Buying Stake in Air France-KLM

Deanna Ting

If AccorHotels actually does invest in Air France-KLM that certainly would bring the company that much closer to being the full-service travel services company/brand that its CEO Sebastien Bazin has said he wants it to become.

4 months ago

AccorHotels to Buy Chile’s Atton Hoteles

AccorHotels to Buy Chile’s Atton Hoteles

Deanna Ting, Skift

Is there anything out there AccorHotels won't buy at this point?

4 months ago

Potential Buyers Emerge for Historic Plaza Hotel

Potential Buyers Emerge for Historic Plaza Hotel

Patrick Clark and Gillian Tan, Bloomberg

Will the iconic Plaza Hotel ever actually get sold?

4 months ago

Can Hotel Companies Have Too Many Brands?

Can Hotel Companies Have Too Many Brands?

Deanna Ting, Skift

We'd pay good money just to see hospitality executives try to guess which hotel brands belong to which companies.

5 months ago

New York’s Historic Plaza to Change Ownership in $600 Million Sale

New York’s Historic Plaza to Change Ownership in $600 Million Sale

Gillian Tan, Bloomberg

Uncertainty about the ownership of this iconic hotel has been going on for years. Let's just hope the new owners can maintain and, in some cases, restore the glamour and grandeur of it for generations to come.

5 months ago