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Articles tagged “accor”

Coronavirus

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

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.

Cameron Sperance, Skift | 4 years ago

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

Coronavirus

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

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

Matthew Parsons, Skift | 4 years ago

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

Coronavirus

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

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.

Cameron Sperance, Skift | 4 years ago

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

Coronavirus

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

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.

Sean O'Neill, Skift | 4 years ago

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

Coronavirus

A European Summer Without Americans Threatens Already Struggling Luxury Hotels

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.

Cameron Sperance, Skift | 4 years ago

A European Summer Without Americans Threatens Already Struggling Luxury Hotels

Coronavirus

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

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.

Matthew Parsons, Skift | 4 years ago

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

Coronavirus

Marriott and Accor CEOs Disagree on How Quickly Europe’s Hotels Will Recover

As long as Europe can create a strong network of travel bubbles or reopen as much of the Schengen Area without coronavirus travel restrictions, its hotel recovery timeline may surprise hotel executives like Marriott's Arne Sorenson.

Cameron Sperance, Skift | 4 years ago

Marriott and Accor CEOs Disagree on How Quickly Europe’s Hotels Will Recover

Coronavirus

Your Guide to Hotel Companies’ Coronavirus Safety and Cleaning Initiatives

Hotel companies' similar new and heightened health and safety standards don't leave a lot of room for brand distinction unless the brand is the one lacking a new approach to cleaning.

Cameron Sperance, Skift | 4 years ago

Your Guide to Hotel Companies’ Coronavirus Safety and Cleaning Initiatives

Coronavirus

France Launches $19 Billion Bailout for Ravaged Tourism Sector

The significant tourism-focused bailout in France aims to salvage a variety of hospitality sectors as well as activities that make up the French identity. But summer in Paris will still look a lot different this year.

Michel Rose, Reuters | 4 years ago

France Launches $19 Billion Bailout for Ravaged Tourism Sector

Coronavirus

Accor’s Real Estate Arm Will Not Pursue French Coronavirus Relief Package

AccorInvest isn't turning to the French government to buoy it into coronavirus recovery mode, but Accor has made it clear it isn't looking to invest equity in struggling hotels either.

Benoit Van Overstraeten, Blandine Henault, and Sarah White, Reuters | 4 years ago

Accor’s Real Estate Arm Will Not Pursue French Coronavirus Relief Package