Accor Hotels News
Accor signs 14 new northern European hotels during first half of 2020
New properties include four in the UK and Ireland, six in Belgium and four in the Netherlands. The new signings will collectively add well over 2,000 rooms to the company’s portfolio in the region.
Accor reopens hotels as Covid-19 peak passes
The company said 81 per cent of its hotels were now open and that it had a solid liquidity position of more than £3.6 billion at the end of June.
Accor seeks to reignite the love of travel
ALL - Accor Live Limitless, the daily lifestyle companion that integrates rewards, services and experiences throughout the Accor portfolio of brands, has introduced a new global campaign: Reignite the Love of Travel.
Accor secures fresh liquidity as Covid-19 recovery begins
Accor has signed an agreement with a consortium of five banks for a new €560 million revolving credit facility. In total, the company said it now has more than €4 billion on hand, enough to survive for 40 months under current conditions.
Hospitality Tomorrow: Hygiene topic number one for guests
The role of hygiene in the post Covid-19 world cannot be underestimated viewers of the Hospitality Tomorrow event have been told. Franck Gervais, chief executive for Accor in Europe, said rapidly changing guest expectations had propelled cleanliness to the top of the agenda.
Accor sees slump in revenue for first quarter
Hotel giant Accor has seen total revenue fall 17 per cent to €768 million during the first quarter of 2020 as the Covid-19 outbreak begins to show up in financial reports.
Bureau Veritas to develop safety certification with Accor
Accor has partnered with Bureau Veritas to develop a label designed to certify that the appropriate safety standards and cleaning protocols have been achieved to allow businesses to reopen.
Accor cancels dividend and furloughs head office team to battle coronavirus
Accor is withdrawing a dividend payment of €280 million for financial 2019 in the wake of the coronavirus pandemic. The company said, today, more than half its branded hotels worldwide are closed, with the figure likely to rise to over two thirds in the coming weeks.
Accor expands development manager team in UK & Ireland
Following a period of growth in the number of hotel signings and brands entering the UK market, Accor has expanded its development team. Both Freddie Greenall and Georgina Liggins have been appointed to the role of UK & Ireland development manager.
Fairmont Carton House to open in Ireland
Accor is bringing the Fairmont brand to Ireland with the signing of the historic Carton House. In partnership with the owner, Belmullet Hospitality Group, a United States-based investor in luxury property, the hotel will now be managed by Fairmont.
Accor overcomes challenging environment to report record results in 2019
Accor has reported strong financial results for 2019, with revenue up 3.8 per cent on a like-for-like basis to €4,049 million. However, the company recorded a sharp fall in RevPAR in China following the coronavirus outbreak.
Visa to launch new card in partnership with Accor
The new card will offer members tailored rewards based on customer preferences and the ability to earn more loyalty points when staying at an Accor property or when making purchases.