Articles tagged “ennismore”

Coronavirus

Accor CEO Says Hotel Giant Won't Wait for Business Travel to Return

It may not have seen the largest profit of major hotel companies last year, but Accor’s swing from a multibillion-dollar loss to a multimillion-dollar profit over the span of 12 months is a major win for a company with significant exposure to Europe and other areas more dependent on international travel.
Hotels

Accor Offers Glimpse Into Plans for Ennismore Joint Venture

Is Accor ever going to have the same U.S. portfolio size as Marriott or Hilton? Almost certainly not. But targeted focus on higher-end segments can make the Paris-based hotel company a formidable player on the highly competitive American hotel playing field.
Hotels

Accor and Ennismore Close on Lifestyle Hotel Brand Mega-Merger

The pressure is on to show a big company like Accor can run cool hotel brands without losing the attention to detail that made them cool in the first place — Ennismore founder Sharan Pasricha's continued involvement is crucial in achieving this.
Online Travel

Private Equity Buys Hotel Guest Room Tech Provider Enseo

Private equity firm HIG Capital has taken a majority stake in Enseo, a provider of digital in-room entertainment tech for hotels. Enseo plans to grow through acquisition. The deal is a validation of founder and CEO Vanessa Ogle's bold pivot of the tech vendor.