Accor may be considering the sale of its stake in travel agency Carlson Wagonlit Travel, according to a report in French newspaper Les Echos.
The French daily reported the news this Friday, citing sources in the industry.
Any potential sale is likely to involve a strategic overhaul by the group’s CEO Gilles Pelisson, who started at Accor last year.
Accor and U.S. Minneapolis-based Carlson Companies equally own CWT.
Carlson’s brands include Radisson Hotels & Resorts and Regent International Hotels.
CWT’s largest competitor in the market for managing corporate travel is American Express.