Articles tagged “accor”

Hotels need to reduce their carbon emissions by 66 percent by 2030, and 90 percent by 2050 to comply with the Paris Agreement on climate change. While there is a lot of talk, not all companies are walking the walk. We have identified those that are talking, and those that are walking.

Whether HQs are phased out due to cost-cutting, restructuring or a genuine desire to adopt remote work policies, the net result is the same: more people looking for spaces to collaborate.

Carbon reduction is gaining importance for stakeholders, and reporting is getting better amongst the largest hotel companies. Skift Research compares the emissions of six global chains to determine which is best positioned to become carbon neutral over the coming decades, and which are falling behind.

Palisociety sees plenty of growth opportunities in the small, boutique hotel space. The only problem? More of the bigger brands are beginning to see the same benefits of focusing on these properties.

Even short-term headwinds in China's hotel recovery from the pandemic isn't deterring global hotel companies from flooding the market with new developments.

The CEOs of some of Marriott's biggest rivals remembered the late Arne Sorenson as a friendly competitor with empathy and mentorship that extended well beyond his own company.

There may be optimism for the recovery, but Accor can’t ignore the multibillion-dollar financial drag the pandemic had on performance last year and how it reshaped the company for years to come.

A less unsung story than China's growth is how the pandemic has made the rest of Asia-Pacific a gold mine for chains. Opportunities for conversions and franchising appear at their strongest ever. But the best thing? Owners with a new mindset.

Accor's aggressive push into the high-end luxury and lifestyle hotel segments with brands like Delano and Raffles position the company well — if analyst predictions of an early luxury demand recovery actually materialize.

The pandemic has produced unlikely partnerships between the hotel and office sectors, but the longevity is up for debate. The ghost kitchen pairing between hotels and an outside food operator may actually stick for years to come, as it solves a pre-pandemic revenue loss problem.