Real estate magnate Mohamed Alabbar said Wednesday he is “scared” about Dubai’s snowballing luxury market because there aren’t enough resources to cater to demand.
Real estate magnate Mohamed Alabbar said Wednesday he is “scared” about Dubai’s snowballing luxury market because there aren’t enough resources to cater to demand.
Since Sébastian Bazin became its CEO in 2013, Accor has had a series of transformations and done a lot of acquisitions, such as Mövenpick, Fairmont, and Mantra, and joint ventures, such as Ennismore.
Skift’s Future of Lodging Forum is coming to London on March 29, and during this event, we will once again push the boundaries in exploring the future of hotels, the ways guest experience and expectations are shifting, the beginnings of a new era for technology and personalization, and how brands are evolving to differentiate in today’s highly competitive market.
French hospitality giant Accor plans to grow its business through offering more experiences, as well as “surprising” its guests.
Jean-Jacques Morin, a top executive at Accor, said the company is committed to growing its “augmented hospitality’ offerings and incorporating sustainability into its business strategy.
For a brand around since 1907, Fairmont Hotels and Resorts has suddenly had a lot of activity. In January, parent company Accor installed new Fairmont CEO Mark Willis, who has been leading a rethink of the brand’s strategy. Some of the details about strategy changes will be revealed later this month at a conference with the general managers at the brand’s 86 hotels.
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