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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%).
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.
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 2006, Accor and Motel 6 invested more than $6 million in properties to help rebuild New Orleans and Gulfport following Hurricane Katrina. One of the Motel 6 co-founders, William Becker, died of a heart attack at the age of 85 the next year. [9] The company was sold by Accor to The Blackstone Group in 2012 for $1.9 billion. [10]
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.
"Five-star Superior" rating at the Hotel Vier Jahreszeiten Kempinski in Munich, Germany. Hotel ratings are often used to classify hotels according to their quality. From the initial purpose of informing travellers on basic facilities that can be expected, the objectives of hotel rating have expanded into a focus on the hotel experience as a whole. [1]
The administration of STAR is operated by a Council, which is elected by STAR members, and led by a Chairperson. Day-to-day operations are managed and carried out by STAR’s Chief Executive and External Relations professionals, who ensure the operation of the Code of Practice, handle all dispute resolution inquiries as well as provide information and advice around best practices for safe ...