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Accor
New possible organizational structure for Accor which, according to the company, is once again making changes to its organizational structure in a move that could make a possible split of the company easier. From October, the company will be divided into two distinct business divisions. The “Economy, Midscale & Premium” unit will include the Ibis,...
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Mövenpick Hotels & Resorts, one of Accor’s brands, will add 33 new hotels to its portfolio over the next few years, for a total of 7,931 keys. In 2022, 7 of these hotels are already scheduled to open, for a total of 2,000 keys. For 2023, a further 10 hotels will be opened, followed by...
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Rosewood Venice stopped the development in Hotel Palazzo Donà, whose repositioning and rebranding project was overseen by Arsenale SpA. Instead, the asset will be branded Orient Express by Accor. After the first pipeline in Rome, the Grand Hotel De La Minerve, the brand lands in the Lagoon for the second opening in Italy, scheduled for...
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Atalante Hotels is a French hotel chain, whose portfolio consists of 19 hotels, for a total of over 1,400 rooms. The group’s business model is based on the acquisition and management of independent hotels with an international brand, most of which are located in France and Belgium. However, the chain’s expansion plans include all of...
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Covivio group with the main shareholder Delfin di Leonardo Del Vecchio confirms the recovery of the sector already emerged at the end of the 2021 financial statements. 160% of flexible rents in France. The collection percentage of fixed fees amounts to 100%. Furthermore, the last unpaid revenues of 2021 were fully recovered during the 1st...
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According to the organizer (Teamwork Hospitality), Accor CEO Sebastien Bazin will attend ITHIC 2022. The event  is scheduled for 10 and 11 October 2022 in Rimini and will also welcome, according to the organizer, the CEO of NH Hotels Ramon Aragones, the CEO of Oetker Collection Timo Gruenert and the CEO of Illimity Bank, Corrado...
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Ennismore and ActivumSG Capital Management have signed a long-term management contract to bring Ennismore’s SLS lifestyle brand to Europe. The project is a 490-room hotel on Barcelona’s waterfront for the second half of 2024. The facility will develop on 31,326 square meters, and will overlook the marina on the north-east side of the 22° district...
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Accor is expanding its portfolio on domestic soil by opening the Ibis Styles Roma Aurelia, 4* with 229 keys, located in Rome, near Via Aurelia. The structure, which is spread over 5 floors, is characterized by a hall, conceived as a large informal space that is equipped with tables for co-working. In the hotel there...
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Accor is planning to open more than 300 hotels in 2022. The focus is on the luxury and premium segments, which currently account for almost 40% of Accor’s new openings, including Raffles Hotels in London and Doha, and the Skipper Sofitel Barcelona. The midscale and economy segments will also be important for the group’s expansion....
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An important urban regeneration project will bring to MilanoSesto, among other things a hotel that will be built (in 2026) close to the new Sesto San Giovanni station and near the future “Città della Salute e della Ricerca” (City of Health and Research). Amapa will manage the hotel in franchising, and has signed a 25-year...
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