Articles tagged “accor”

Accor reported good results and forecast higher RevPAR for 2023, very optimistic due to the return of the Chinese traveler.

Accor executives believe their competitive advantage is becoming more apparent as U.S.-based hotel groups go abroad to expand. They claim to have a more global organizational footprint and a better sense of what hotels need to profit in many non-U.S. markets.

Hertz has plenty to gain by going after the more price-conscious traveler with these two brands, especially as corporate America tightens its belt. But then how does it balance that with its push for more luxury electric vehicles?

Today’s edition of Skift’s daily podcast looks at Accor’s corporate reorganization, low-cost Transatlantic losses, and Marriott’s blended future.

Many hotels needed refurbishment after the pandemic chaos, and Accor needed a refurb of its own. CEO Sébastien Bazin argues that his latest reorganization gives Accor the capability to become the world leader in luxury while preparing for a hybrid hospitality future.

Accor and Ennismore will expand their portfolio with a series of key hotel and resort openings all across Southeast Asia in the year ahead.

Remote workers are taking more trips with their laptops, but preferring not to reveal where they've headed to their bosses. It sounds like fun, but in the long term it may not be that great for them, or their employers.

Hotel groups have been eager to introduce branded residential offerings. Plus, Marriott tests "magic" beds, Macau may cap room occupancy, and other recent hotel news.

Accor isn't the first large hotel company to let members of its loyalty program book independently designed lifestyle hotels. But it is the first to move the concept downscale in rate and amenities. Can it democratize access to quirky hotels worldwide?

What's driving the recent wave of new hotel brands? Does the industry suffer from brand bloat? Here are some answers.