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Trading Update - Response to COVID-19

Over the past three weeks, the crisis has severely deepened with over half the worldwide population either confined and/or under lock-down. This has resulted in a virtual standstill of travel, dining and entertainment, which is vastly affecting our industry. Today more than half Accor branded hotels worldwide are closed, likely over two thirds in the coming weeks. One piece of good news is the confirmation of initial recovery of the Chinese hotel market, with mild improvements in occupanc...
Tags: Travel, Accor


A video message from Accor CEO Sébastien Bazin

"The one message that I want you to get is not to be confused by the order of our priorities: first safety, second family and third business." In these challenging times we are all facing, Sébastien Bazin shares a message of compassion to all Accor Talent.
Tags: Travel, Accor, Sebastien Bazin


Accor's Top Priority is the Safety and Wellbeing of Guests and Team Members

As we navigate this worldwide crisis, our thoughts are with individuals and communities impacted by this unprecedented event. We remain steadfast and committed in helping our guests, staff, clients, partners and local authorities through this difficult situation.
Tags: Travel, Accor


Completion Of Accor's Share Buyback Programme

Accor announce today the completion of its share buyback programme launched on January 20, 2020 for an amount of EUR300m. At completion, the Group acquired 10,175,309 shares at an average price of EUR29.48. In order to preserve liquidity, further share buyback programmes are suspended until further notice.
Tags: Travel, Accor, Group


Completion Of The Share Buyback Programme

Accor announce today the completion of its share buyback programme launched on January 20, 2020 for an amount of EUR300m. At completion, the Group acquired 10,175,309 shares at an average price of EUR29.48. In order to preserve liquidity, further share buyback programmes are suspended until further notice.
Tags: Travel, Accor, Group


Covid 19: Mobilization of Accor Group

Accor has been prioritizing the safety and wellbeing of its customers and employees on a daily basis for more than 50 years. France currently faces a health crisis and the Group has decided to make its services available to front-line medical staff, to all French people engaged and mobilized in the fight against the spread of Covid-19, and to the most vulnerable populations.
Tags: Travel, France, Accor, Group, Accor Group


Accor's Bazin Revamps Hotel Group's Focus To Asia And Luxury

This story appears in the March 2020 issue of Forbes Asia. Standing in the lobby of Singapore's iconic Raffles Hotel, Sébastien Bazin, the CEO of the French hotel giant Accor, declares: "This is the best hotel on the planet," drawing applause and cheers of "bravo" from the VIPs gathered to hear him.
Tags: Travel, Asia, Singapore, Accor, Bazin


AccorInvest becomes a new Orbis’ strategic investor

Last December, AccorInvest announced its intention to acquire up to 100% of Orbis SA shares by way of a public tender offer, which is now finalized and AccorInvest owns 98.6% of Orbis S.A.We are thrilled to integrate Orbis which has a great portfolio of assets, a long-time expertise in real estate and lodging sectors across key markets and great teams to run the business on a daily basis. Thanks to the Orbis integration, AccorInvest portfolio now comprises more than 900 hotels and 135,000...
Tags: Travel, Accor, Group, Eastern Europe, Orbis, Gilles Clavie, AccorInvest, John Ozinga, Orbis SA, AccorInvest Orbis


TAKE OFF! - Sign up for Accor's student competition!

Inscriptions are open! For the 9th edition of the TAKE OFF! student competition our Group is setting a great new challenge. Participants will focus on an issue where human relations are central to our actions.
Tags: Travel, Accor


Forum de l’Investissement Hôtelier Africain (FIHA) postponed to July

The influential Forum de l'Investissement Hôtelier Africain (FIHA) (www.FIHA-Conference.com), which is known for its ability to link up new investors with developers, consultants, contractors, hoteliers and political leaders, has been postponed. It was scheduled to take place in Abidjan later this month, but the outbreak of the Coronavirus has affected the event, as an increasing number of delegates have expressed reservations about travelling at this time. Therefore, FIHA's organiser, Be...
Tags: Travel, Accor, Abidjan, Jonathan Worsley


Encounter with Kristina Zanic - Interior Design Director at Accor, Middle East

The Design & Technical Services department of Accor introduces you to well-known designers who work with the Group. This month, Alexandra Woop, Interior Design Director at Accor, Middle East met the Australian designer Kristina Zanic in her Dubai office, together with the journalist Nathalie Cuman.
Tags: Travel, Dubai, Accor, Kristina Zanic, Design Technical Services, Alexandra Woop, Accor Middle East


Encounter with Kristina Zanic

The Design & Technical Services department of Accor introduces you to well-known designers who work with the Group. This month, Alexandra Woop, Interior Design Director at Accor, Middle East met the Australian designer Kristina Zanic in her Dubai office, together with the journalist Nathalie Cuman.
Tags: Travel, Dubai, Accor, Kristina Zanic, Design Technical Services, Alexandra Woop, Accor Middle East


STR: Global Chains Lead Europe In Hotel Net Unit Growth

Accor's portfolio of brands led Europe in hotel room Net Unit Growth (NUG) in 2019, while Oyo Hotels & Homes posted the highest growth for an individual brand, according to STR.
Tags: Travel, Europe, Accor, OYO Hotels Homes


Increase of Orbis Hotel Group results - 6th year in a row

"Orbis has gone through a fundamental transformation in 2019. We have redefined our business model by splitting into two business lines - Service company (Asset Light) and Hotel Real Estate (Asset Heavy). The sale of asset light part to Accor, allowed Orbis to become a pure hospitality real estate player. Both companies have now been developing fast and need to follow their guests' and partners' expectations and therefore get the most of their know-how in both businesses separately.With 7...
Tags: Travel, Accor, Orbis, Orbis Hotel Group, Asset Light and Hotel Real Estate Asset Heavy


I’m 30 & This Is How Much I Spent On My Multi-City Trip Through Myanmar

Welcome to Travel Diaries, a Refinery29 series where we tag along as real women embark on trips around the world and track their travel expenses down to the last cent. Here, we offer a detailed, intimate account of when, where, and how our peers spend their vacation days and disposable income: all the meals, adventures, indulgences, setbacks, and surprises. This week’s travel diary: A 30-year-old digital marketing specialist from Singapore checks “hot air balloon ride” off her bucket list in ...
Tags: Google, Fashion, Music, Instagram, Singapore, Malaysia, Kuala Lumpur, Accor, Myanmar, Tripadvisor, Airasia, Yangon, Inle Lake, Klia, Cappadocia, Jetstar


Impala raises $20 million to build the API of the hotel industry

Impala has raised another round of funding just a few months after raising an $11 million Series A round. This time, the startup is raising a $20 million Series B round led by Lakestar. Latitude Ventures is also participating in the round. The company is building a service that works pretty much like Plaid, but for hotel rooms. The hotel industry relies on old-school “property management systems” to manage rooms, room types, pricing, extras, taxes, etc. Instead of asking hotels to switch to an e...
Tags: Fundings & Exits, Startups, Europe, Tech, Accor, Lonely Planet, Lakestar, Hyatt, Impala, JSON, Expedia Group, Recent Funding, Lakestar Latitude Ventures, API Impala, Expedia Hotels


Will Revenue Management exist in 5 years? Interview with Accor's Frederic Toitot | By Sarah McCay Tams

Will Revenue Management exist in 5 years? That was the big question Frederic Toitot, Vice President, Global Learning & Development at Accor & Chair HSMAI Region Europe Revenue Optimization Board to a crowded room at the recent HSMAI Revenue Optimisation Conference.
Tags: Travel, Accor, Sarah McCay Tams, Frederic Toitot, Region Europe Revenue Optimization Board


Capital One Adds Two New Hotel Transfer Partners

Capital One is adding two points transfer partners for Venture and SparkMiles products. This brings them up to 17 transfer partners. They’re also improving the transfer rate with one of their partners. And they say they're still planning to add more partners still. Continue reading Capital One Adds Two New Hotel Transfer Partners...
Tags: Travel, Credit Cards, Accor, Jetblue, Wyndham, Capital One, Transferable Points


Fairmont Hotels & Resorts welcomes film icon Susan Sarandon as new global brand ambassador

PARIS, January 2020 - Fairmont Hotels & Resorts is delighted to announce a new Global Brand Ambassador - the Oscar-winning actress and UNICEF Goodwill Ambassador, Susan Sarandon. In this unique role, Ms. Sarandon will star in a global brand campaign that will portray the transformative power of travel, connecting Fairmont's history and majestic hotels with modern sensibilities and the dreams of a new generation of travelers. The campaign is expected to be revealed in key markets around th...
Tags: Travel, London, California, New York City, Toronto, Ocean, Paris, Wwf, Accor, Cuba, Gia Coppola, Unicef, Ray Donovan, Grey, Susan Sarandon, Susan


Europe Hotel Transactions Bulletin - Week Ending 24 January 2020

Commerz Real sells two Accor-branded hotels in Munich to LaSalle, HIP acquires five-star spa resort in the Algarve, Portugal from Oxy Capital, Reuben Brothers acquire La Residence hotel on Mykonos island, Extendam and MyHotels acquire Ibis Styles Paris – Marie de Montreuil, Catalonia Hotels buys the NH La Maquinista Hotel in Barcelona from Grupo Edificios Onix, H.I.G. Capital completes investment in Portopiccolo luxury Italian resort complex near Trieste.
Tags: Travel, Europe, Barcelona, Munich, Paris, Accor, Algarve Portugal, Commerz Real, La Residence, Oxy Capital Reuben Brothers, Marie de Montreuil Catalonia Hotels, NH La Maquinista Hotel, Grupo Edificios Onix, Portopiccolo


Accor CEO Says Don't Bet Against #Dubai - YouTube

Accor CEO Says Don't Bet Against Dubai - YouTube:Sebastien Bazin, chairman and chief executive officer at Accor talks about expanding in Dubai. He talks to Bloomberg's Yousef Gamal El-Din on the latest episode of "At The Top." [Author: [email protected] (Rupert Neil Bumfrey)]
Tags: Travel, Bloomberg, Dubai, Accor, Sebastien Bazin, Rupert Neil Bumfrey, Yousef Gamal El Din, Accor CEO Says Don t Bet Against Dubai YouTube


Six Accor Live Limitless Programme Members To Unveil Paris Saint-Germain's New Shirt

Six members of the ALL, Accor Live Limitless, program, the daily lifestyle companion that brings together all the benefits, services and experiences offered by the Accor universe, have been chosen to reveal the new Paris Saint-Germain jersey. Hailing from France, Guadeloupe, Japan, Brazil, Canada and Rwanda, these passionate fans embody Paris Saint-Germain's growing popularity around the world.
Tags: Travel, France, Accor, Rwanda, Paris Saint Germain, Unveil Paris Saint Germain, Guadeloupe Japan Brazil Canada


Accor to Eliminate Single Use Plastics Worldwide in All Hotels By 2022

As part of its overall efforts to reduce plastic waste, Group Accor is the latest lodging company to have announced a series of initiatives in which the miniature bottles and tubes provided in bathrooms across almost 5,000 hotel and resort properties worldwide will be replaced with what it calls “amenities dispensers” — along with eventually virtually eliminating single-use bottles of drinking water — with completion of these initiatives expected by no later than... The post Accor to Eliminate S...
Tags: Travel, Accor, Hotels And Lodging, Health And Environment, Accor Live Limitless, Group Accor


Accor makes single-use plastic pledgeAccor makes single-use plastic pledge

Hotel giant gets takes plastic crackdown to next stage
Tags: Travel, Accor


Hotel group Accor to remove single-use plastic by 2022

Accor follows other hotel groups including Marriott, Hyatt and InterContinental [Author: Cathy Adams]
Tags: Accor, Marriott Hyatt, Cathy Adams


Accor Commits To Global Elimination Of Single-Use Plastics In Guest Experience By 2022

As it advances its role as a responsible tourism provider locally and globally, Accor has committed to join the Global Tourism Plastics Initiative led by the United Nations Environment Programme (UNEP) and the World Tourism Organization, in collaboration with the Ellen MacArthur Foundation.
Tags: Travel, Accor, World Tourism Organization, United Nations Environment Programme UNEP, Global Tourism Plastics Initiative


The Visionary Tristan Auer

Tristan Auer has an eclectic style, a pronounced taste for the bespoke, classic references and avant-garde design. This interior architect and designer has carried out a host of projects across the world, such as transforming extraordinary hotels. Damien Perrot, SVP Global Design Multibrand at Accor went to meet him.
Tags: Travel, Accor, Auer, Damien Perrot


Accor's Video Flashback Of 2019

2019 was a historic year for Accor. Discover our biggest moments.
Tags: Travel, Accor


Accor to spearhead lifestyle hospitality trend in Saudi Arabia with dynamic brands and new experiences

Accor, a world-leading augmented hospitality group, will highlight its role as a pioneer of new lifestyle experiences in Saudi Arabia at the second Saudi Arabian Hospitality Investment Conference (SHIC), which takes place this week (January 21-22) in Riyadh.
Tags: Travel, Saudi Arabia, Accor


Infor Broadens Relationship with Accor

Infor, a global leader in business cloud software specialized by industry, today announced that Accor, a global leader in augmented hospitality, has extended its 13-year relationship with Infor by signing a global agreement to continue their collaboration with Infor EzRMS revenue management software. The application is currently used at more than 1,100 properties worldwide.
Tags: Travel, Accor, Infor, Infor Broadens Relationship