It’s Official – The Next Hotel Deal: Accor to Acquire Fairmont, Raffles & Swissôtel – The Savoy & The Plaza Become Accor Hotels

by Adam

It’s official, Europe’s largest hotel group, French owned AccorHotels (Sofitel, Pullman, Mercure, Novotel, Ibis), is buying Canada’s FRHI Hotels & Resorts (Fairmont, Raffles, and Swissôtel) for $2.9 billion. With the acquisition of FRHI and its portfolio of 155 hotels and resorts in 34 countries, AccorHotels will become one of the key global players in the luxury and upscale segment with nearly 500 hotels.

LeClub

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Related Articles

Leave a Comment