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Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. [5] It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. [6] Accor operates 5,584 locations in over 110 countries.
Ibis Styles is a French budget hotel brand owned by Accor. [2] Created in 1980 in Australia with the name All Seasons, the brand was acquired by Accor in 1999 and renamed Ibis Styles in 2011. As of April 2023, Ibis Styles manages 642 hotels in 51 countries.
Mövenpick Hotels & Resorts (German pronunciation: [ˈmøːvənpɪk]; English: / ˈ m uː v ə n ˌ p ɪ k /) is a Swiss hotel management company headquartered in Baar, Switzerland.It is fully owned by Accor since the September 2018 acquisition from former shareholders Mövenpick Holding (66.7%) and the Saudi-based Kingdom Group (33.3%).
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Accor had also acquired Luncheon Vouchers one year prior. Thus the two entities were merged under the new name of Accor Services. In September 2007, Accor Services acquired a 98.3% stake UK pioneer and market leader in prepaid cards, PrePay Technologies Ltd, for €55M.