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Accor finalises concierge firm buyout

Paris, France – 16 November 2016
AccorHotels has finalised its acquisition of John Paul, a leader in the concierge market.

John Paul founder David Amsellem will retain a 20 percent stake in the company and continue to serve as its CEO. This acquisition values the company at US$150 million.

John Paul was established in Paris in 2007 and merged with American company LesConcierges in 2015 to create the world leader in premium customer and employee loyalty services.