Search results for “Mercure”
Accor China CEO: Finding market-brand fits is like putting together a puzzle
04/07/2023|10:21:36 AM|
Learning from partners and embracing digital channels.
H World Group sells its shares in Accor, both companies to continue partnership
03/02/2023|9:31:28 PM|
After this transaction, H World Group no longer owns any stake in Accor.
Accor completes selling of its residual stake in H World Group (Huazhu)
01/29/2023|3:52:51 PM|
The cumulated disposal value since 2019 reaches USD1.2 billion.
Huazhu president: new signings hit a record high in H1
09/08/2021|11:46:40 AM|
This is despite the fact travel restrictions in the latter part of Q2 had negatively impacted new signings and construction progress.
World’s top 50 valuable hotel brands could lose up to $14 billion of brand value
05/22/2020|5:25:28 PM|
Hilton remains world’s most valuable hotel brand, up an impressive 35%. Mercure is fastest growing brand, following staggering 57% growth.
Accor’s Mendes bets on diversification, adaptability
04/15/2021|12:13:04 PM|
Luxury is all about diversification for different personality types and experiences, so a wider range of brands lets Accor achieve greater market share.
Accor further offloads 1.5% stake in Huazhu Group
02/20/2021|11:40:07 AM|
After this transaction, Accor still owns a 3.3% stake in Huazhu and continues to be represented at the Group’s Board of Directors.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
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