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Accor is based on the word "Accord" meaning "agreement" in French. [12] In 1984, Accor bought the Quiberon thalassotherapy center, which became the first of the Thalasso Sea & Spa brand, [13] and acquired the fine catering company Lenôtre the following year. [14] In 1985, the firm launched Formule 1, a brand of low-cost hotels. The buildings ...
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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In 2015, AccorHotels, with the approval and support of the external party, announced the acquisition of FRHI, thus adding Raffles Hotels and Resorts, Fairmont and Swissôtel to its Luxury Hotel Brands portfolio. [23] Acquiring Fairmont Hotels & Resorts enabled the French hotel group to gain greater access to the lucrative North American market ...
Mercure is a French midscale hotel chain owned by Accor. [2] Created in 1973 in France, the brand was acquired by Accor in 1975, and subsequently became a major part of the company's midscale hotel portfolio, alongside Novotel. As of 2021, Mercure operated 949 hotels in 63 countries. [1]
In 2014, the AccorHotels group announced its intent to double its Asia-Pacific portfolio with the opening of 47 new Pullman hotels in the region, 38 of those in China. [13] That same year, the 338-room Pullman Shanghai South opened, making it the 15th Pullman property in China, and the 45th in Asia-Pacific. [ 14 ]
Novotel is a French midscale hotel brand owned by Accor. [1] Created in 1967 in France, the company grew into what became the Accor group in 1983, and Novotel remained a pillar brand of Accor's multi-brand strategy. Novotel manages 559 hotels in 65 countries (2021). [2] Since 2010, Novotel also includes the apartment hotel brand Novotel Suites. [2]