Whether or not you agree with Marsh's take on some established tenets of the hospitality business, his progressive, disruptive viewpoints are worth more than just a look.
Accor continues to be one of the most innovative hotel companies out there and it's clear they're gearing up for bigger acquisitions and growth with this latest move.
AccorHotels is making some smart, strategic moves, whether it's buying up luxury alternative accommodations provider Onefinestay or adding these three storied luxury brands to its hotel collection.
From direct booking wars and political instability (hello, Brexit) to figuring out what customers really want and handling issues of labor, these hotel executives have a lot on their minds these days.
AccorHotels is now one step closer to purchasing the Fairmont, Raffles, and Swissotel brands for $2.9 billion.
Rather than outright canceling their international trips, many U.S. travelers of all income levels have decided to change destinations or even hotels to alternatives that make them feel safer after multiple terrorist attacks in Europe and the Middle East.
Jin Jiang is no Anbang, but hotel companies are still turning out to be a preferred place to invest in an otherwise turbulent time.
With its multi-million-dollar investments in Onefinestay, Oasis Collections, and Squarebreak, AccorHotels is taking a smart, strategic approach to battling the encroachment of home-sharing platforms like Airbnb and HomeAway by embracing their direct competitors.
Accor picked up Onefinestay even though Hyatt was an investor, highlighting hotels' keen interest in the sharing economy. Onefinestay has scaled very slowly, and Accor intends to invest in the home-sharing site's international expansion.