AccorHotels Eyes Stake in French Events Company as It Keeps Buying


Skift Take

While it might seem like AccorHotels is spending money just for the sake of it, this deal seems to make strategic sense as it complements its existing operations, while at the same time offering something new for its food and beverage and events operations.

AccorHotels is looking to add to its streak of recent acquisitions by taking a stake in Potel & Chabot Group. The hotel group is teaming up with Edmond de Rothschild Investment Partners to buy the company, which operates at major sporting events such as the French Open tennis tournament and the 24 Hours of Le Mans endurance race. If the negotiations succeed, AccorHotels would