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Search results for “Mercure”
Accor’s Mendes bets on diversification, adaptability
04/15/2021
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12:13:04 PM
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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
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11:40:07 AM
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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
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11:31:23 AM
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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.
Huazhu Group files prospectus for secondary listing in Hong Kong
09/10/2020
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12:16:47 PM
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Huazhu will raise no more than USD 970 million through the second listing in Hong Kong.
Indian travel firm Yatra scraps merger deal with U.S.-based Ebix
06/08/2020
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12:05:47 PM
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Yatra said it is seeking damages against Ebix for breaching terms of their merger agreement.
Accor's Bazin revamps hotel group's focus to Asia and luxury
03/22/2020
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11:52:21 PM
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Bazin aims to grow earnings from its loyalty program to more than €100 million.
China’s hotel construction expands with all-time high despite economic slowdown
09/03/2019
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3:02:35 PM
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China's total hotel construction pipeline swelled to 2,991 projects/592,884 rooms in the first half of 2019, up 19% by projects and 7% by rooms year-over-year, both at all-time highs, amidst an economic slowdown.
EbixCash takes over Cox & Kings’ business travel unit in India
09/29/2019
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4:17:16 PM
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Cox & Kings is $500 million in debt. Fears are rising that the company may meet the same fate as Thomas Cook, the world-famous travel brand which collapsed after 178 years in the industry.
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