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Accor augments its luxury hotel brands after decade of acquisitionsFrench hotel giant Accor might not be acquiring, investing in and launching as many new brands as it used to, but it has not stopped activity in refreshing and relaunching flags — and there is still space for the completely new.
The changing behavior of guests as well as the operational models of hotel companies are creating new opportunities for hospitality businesses in the region.
Trinity Investments' Ryan Donn said he is intrigued by the demand outlook in Southern Europe, but large hotel deals are harder to find in that region of the continent.
Trinity Investments' Ryan Donn said he is intrigued by the demand outlook in Southern Europe, but large hotel deals are harder to find in that region of the continent.
Hotel occupancy is drastically down in Dubai and across the United Arab Emirates likely due to the Iran war, but several properties in Dubai are closing their doors to undertake major renovations.
Hotel occupancy is drastically down in Dubai and across the United Arab Emirates likely due to the Iran war, but several properties in Dubai are closing their doors to undertake major renovations.
Despite the impact of the Iran war dragging Accor's hotel performance in the Middle East and in the United Arab Emirates in particular, executives said the company's other regions are performing well and there are encouraging recovery signs in Dubai.
Despite the impact of the Iran war dragging Accor's hotel performance in the Middle East and in the United Arab Emirates in particular, executives said the company's other regions are performing well and there are encouraging recovery signs in Dubai.