Accor tips

Accor has announced the signing of the first Tribe Nation hotel in China, in partnership with Guiyang Chengnan Investment and Development Company Ltd.

UNICEO, United Networks of International Corporate Event Organizers is the international association bringing together senior decision-makers in charge of corporate events representing major companies and associations internationally.

Campaign’s aim is to promote the promise of making travel and everyday life easier and more enjoyable with ALL.com, the Accor group’s booking platform and loyalty programme.

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, Bloomberg News reported on Tuesday.

When Ennismore launched a rewards program in July, the lifestyle hospitality joint venture with Accor said it wanted to stand apart from supposedly boring, generic loyalty programs — partly by adopting a paid subscription model instead. Ennismore on Monday introduced its latest twist.

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.

Accor issued rosier forecasts for full-year results and its 2024 outlook on Thursday on the strength of better-than-expected performance this year at the Paris-based hotel group.

Net room growth is a key metric for any hotel group, but one which Accor assures it is growing with caution. Its CEO Sebastien Bazin said that developing new hotels comes with environmental consequences the industry cannot ignore, but that in the end, new hotels are often good news for any destination.

The development of new hotels goes directly against the global hospitality industry’s rally for sustainability, says the boss of Accor, Europe’s largest hotel operator. It is, however, a necessary evil of sorts, suggests CEO and president Sebastian Bazin, where the pros of a new hotel in an area often outweigh the cons.

Founded in 1939, Choice Hotels International has evolved from a small chain of roadside hotels to one of the world’s largest hotel franchisors. Tracing its roots to its original name, Quality Courts United, Choice has established itself as a prominent player through acquisitions and is looking to get bigger with its latest bid for Wyndham Hotels.

Accor has signaled over several years that it plans to become more asset-light. Bloomberg News is reporting that the Paris-based hotel giant is about to take more steps to do so by selling hotels.

Embracing the fervor of the Cricket World Cup in India, MakeMyTrip is diving headfirst into the event that’s expected to attract a massive audience. In its latest campaign, the online travel company is enlisting cricket superfans to ensure the quality and hospitality standards of its homestays and villas.

Low-cost carrier Indigo has now introduced a distance-based fuel charge on domestic and international routes.

Marriott International, EcoVadis and several leading global hospitality organizations – Accor, Hilton, IHG Hotels & Resorts, Radisson Hotel Group, and two global hospitality group purchasing organizations, Avendra and Entegra – today announced the launch of the Hospitality Alliance for Responsible Procurement (HARP). Driven by members’ commitment to improve sustainability performance, the Alliance will work to accelerate sustainable practices by fostering close collaboration with trading partners to build transparency and scale positive impact across their value chains.

Ennismore on Monday launched a website to market its all-inclusive resorts, ALLinclusive-collection.com. The move represents something like a debutante’s coming out party. It’s a long-incubated effort by a leader to create and run premium all-inclusives at scale.

RAK National Hotels, part of RAK Hospitality Holding, continues to bolster its portfolio on Marjan Island. In its latest move, the government-backed company has acquired the Marjan Island Resort & Spa for an undisclosed price from Manazil Group.

Within the Hotel & Hospitality division of the company, Gilda has amassed close to twenty years of expertise, delivering high-level strategic guidance to key players in the industry.

Accor, the Paris-based hotel giant, said on Tuesday that Omer Acar will head its brands Raffles & Orient Express as of March 1. Acar will join Accor’s other brand CEOs in its luxury and lifestyle group (Fairmont, Sofitel & MGallery, and Ennismore) — all of whom report directly to group CEO Sébastian Bazin.

Earnings seasons for the hotel sector is nearly over, and one striking aspect of executive comments on calls with investors was the resilience of development pipelines for hotels belonging to brands run by global groups. For new construction, conversions, and franchise signings, hotel companies painted an optimistic picture.

As announced in mid-2022, Accor is now in the process of reorganizing its operational structure into two divisions, the hotel group stated Tuesday.

Here are some excerpts from Daily Lodging Report from the past week. If you’re not a subscriber, you should be. Get news on hotel deals, development, stocks, and career moves. Sign up here, now.