Articles tagged “accor”

AccorHotels' investments in the sharing economy continue to expand, and as the only major global hotel company investing so directly into the alternative accommodations sector, the company seems well positioned to adapt and grow with this "new normal" in the lodging space.

Because the rewards are so big, luxury is always a noisy sector. Accor is smart to give the group its own CEO while it continues to acquire companies and focus on integration.

It’s been a very busy year for AccorHotels with deals made across a number of seemingly disparate segments. The price paid is relatively low and depending on how successfully Banyan Tree expands, could prove a shrewd move.

What will 2017 bring to the hospitality industry? Read on for a few predictions.

Accor has demonstrated it's serious about getting ahead of the curve across many growing and emerging verticals in hospitality and its acquisition of John Paul is one way for the company to better manage the different guest experiences and create a common concierge platform for all brands.

AccorHotels continues to make strategic investments that attempt to round out its overall portfolio. Investing in a boutique chain like Germany's 25hours is a good way to grow its boutique and lifestyle hotel offerings.

Many companies, regardless of industry, could learn a lesson from these hotel organizations about how to make their employees feel valued, recognized, and rewarded for their hard work. And it's notable that of the 25, three are hospitality companies on this year's Fortune list.

It’s pretty clear that AccorHotels’ purchase of the Fairmont, Raffles, and Swissotel brands was a smart one to make. Now, however, AccorHotels needs to focus on growing those brands, as well as that of onefinestay and its newest brand, Jo&Joe.

When we said co-living would be the next big hospitality trend, we weren't kidding. It'll be fascinating to see how AccorHotels scales the co-living concept with Jo&Joe.

Given the timing of this announcement, there's no doubt the AccorHotels acquisition may have had something to do with Marsh's decision to depart the company he founded. It'll be interesting to see, however, what Marsh pursues next, and if the company will expand rapidly under AccorHotels and Frank's direction.