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Tag Archives: AccorHotels

AccorHotels buys French concierge group

  AccorHotels said on Wednesday it had entered exclusive talks to buy concierge service provider John Paul, further beefing up its response to the challenges of Airbnb. Under the terms of the deal, AccorHotels – the world’s fifth-largest hotel group – will acquire 80 per cent of John Paul for about $150 million in equity and debt, with the company’s ...

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AccorHotels plans 15 Adagio aparthotels in Saudi Arabia

AccorHotels has signed a strategic management deal to develop 15 new Adagio aparthotels over the next five years in Saudi Arabia, strengthening its partnership with Saudi Arabian conglomerate Alesayi Group. Five of the Adagio aparthotel projects have already been agreed upon and will be developed in Jeddah, Riyadh, Madinah and Jizan, with construction of the first hotel expected to start ...

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