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Accor to sell HotelInvest division – Hotels for 6.6bn Euros

Paris – 16 Januar 2017
Accor Hotel SydneyNext big business – Accor is to sell the majority of it’s HotelInvest division for 6.6bn Euros, Europe’s leading hotel chain announced today.

The so-called Booster project is to confirm the sale until early summer this year. Advisors are real-estate experts of JLL, Cushman & Wakefield and BNP Paribas. The polish hotel chain Orbit will be not included, a press releases stated.

Accor has entered into discussions with potential partners. In the last month, Chinese tourism conglomerate HNA was interested to its stake in the company.