HotelInvest valued at €6.6bn by Accor
As part of the process for the contemplated sale of a majority of HotelInvest – known as Booster project – AccorHotels has entered into discussions with potential investors. In this context, the group has disclosed the updated gross asset value of the Booster Portfolio as of December 31st.
The portfolio includes the HotelInvest owned and leased properties, excluding Orbis. This valuation, which was conducted by third party experts including Jones Lang LaSalle, Cushman & Wakefield and BNP Paribas Real Estate, is €6.6 billion.
This is a slight increase on the €6.5 billion expected year-end value disclosed on October 5th. AccorHotels is a world-leading travel and lifestyle group and digital innovator offering unique experiences in more than 4,000 hotels, resorts and residences, as well as in over 2,500 of the finest private homes around the globe.
Benefiting from dual expertise as an investor and operator through its HotelServices and HotelInvest divisions, AccorHotels operates in 95 countries.
You might also like
Vasundhara Sarovar Premiere, Vayalaris now LEED – Silver Certified
Vasundhara Sarovar Premiere, the ultimate luxury backwaters resort in Vayalar-Kerala, has been has been conferred the Silver LEED(Leadership in Energy and Environmental Design) Rating by the Indian Green Building Council’s
Rediscover One&Only Ocean Club
Legendary Bahamian Resort Re-Opens Today, Further Raising the Bar for Ultra-Luxury in the Caribbean. Long recognized as one of the world’s most exclusive resorts, the iconic One&Only Ocean Club re-opens
Delhi International Airport is the most punctual among world’s busiest: Report
The performance of Indira Gandhi International Airport stood out among the busiest airports handling 630 departures a day. According to report published today in Hindustan Times, Delhi’s Indira Gandhi International
