A strong line-up of hotel openings and brand launches expected from the Group in the first part of 2024
This share repurchase, which will amount to ?275m, is part of the ?400m share buyback program of Accor for 2024. The remaining amount of the share buyback program will be executed in the near future.
The decision, effective from March 15, 2024, was made by Euronext Paris's Expert Indices Committee following the quarterly review of the CAC 40 index.
Two of Accor's brands - luxury brand Sofitel and signature midscale brand Novotel - will together encompass a 53,000 sqm space with over 420 guestrooms and suites.
Europeans are confident about their travel spending power in 2024 despite the ongoing cost of living pressure across the continent, according to a new report from Accor.
Accor is one of the 141 European companies that achieved an 'A' on climate change out of over 21,000 companies scored. Moreover, Accor has once again demonstrated its leadership on the climate issue by being the only company, among the leading hospitality companies, to be recognized with an 'A'.
Accor continues to make its mark across Asia, having launched 26 properties in 2023
Accor introduces one of its most diverse annual line-ups of new hotel openings to date. Across all segments and categories, Accor is opening the doors across its spectrum of 40+ hospitality brands around the world. The following is a glimpse into what Accor has in store for 2024.
Accor shared its recent signings for November 2023 throughout Asia.
Gilda Perez-Alvarado and Maxime d'Angeac are appointed Chief Executive Officer and Artistic Director of Orient Express respectively. Management of Orient Express will be based in Paris. Gilda Perez-Alvarado will remain Chief Strategy Officer of the Accor Group. Omer Acar is appointed Chief Executive Officer of Fairmont