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
Domestic Tourism Club (DTC) conducts FAM trip to Rishikesh and Mussoorie
The Domestic Tourism Club (DTC) recently successfully hosted a FAM trip to Rishikesh and Mussoorie, exclusively inviting travel agents from Delhi. The trip was curated specifically for travel trade across
Ushuaïa Ibiza Beach Hotel unveils new website
Ushuaïa Ibiza Beach Hotel has launched THEUSHUAIAEXPERIENCE.COM, a brand new website that brings together all the satellite sites of Ushuaïa Ibiza to showcase its luxurious accommodation, exquisite restaurants, ticket sales for all
Channel Optimization: The Secrets of Data-Driven Hoteliers
New report from Sabre and Phocuswright shows the steps hoteliers can take to create and maintain the right channel strategy to reach and convert more customers Sabre Hospitality Solutions has
