Articles tagged “accor”

Accor has sent an email blast to all its members about 23 Mercure and Grand Mercure hotels in Japan joining the system in 2024. There are the current Daiwa Resorts properties joining the Mercure and Grand Mercure brands in 2024.

AccorInvest, a hotel owner-operator company that global hotel group Accor created in 2017, is seeing a rising share of its outstanding debt owned by one player, the hedge fund Sculptor,…

Drop culture can reshape the approach to experiential loyalty for hospitality brand Ennismore — but it needs to ensure enough experiences to go around to avoid frustrating its members.

If you want to enter the hospitality sector, start small and get financial support. But be aware that scaling up beyond a certain threshold can be tremendously hard.

Indians are increasingly prioritizing travel experiences and the long holiday during the festive season is incentive enough to satiate that wanderlust.

Accor said they are gearing towards a record-breaking year in signings in the Premium, Midscale and Economy Divisions across Asia. As of September, Accor has already signed management agreements for a total of 42 properties.

Accor expects full-year RevPAR growth to exceed 20%. 3Q RevPAR was up 15%, and they expect this momentum to continue.

Accor is having a happy, "Emily in Paris" kind of year. High-spending Americans thronged Europe this summer, helping the hotel giant beat expectations for revenue and profit.

Effective procurement processes can have a significant impact on the success and profitability of hospitality businesses. Having a centralized procurement platform can drive value for owners, partners, and clients by easing operations, optimizing costs, and maximizing performance.

Accor CEO Sebastien Bazin said opening fewer hotels would lessen the industry's environmental impact, but that hotels also do a lot of good for society.