on ACCOR (EPA:AC)
Accor Expands in the Americas with 17 New Hotels
Accor has announced exclusive negotiations with Royal Holiday Group to acquire 17 management agreements, totaling 3,200 keys. The $79 million deal includes six all-inclusive resorts in Mexico, managed by Ennismore, and 11 resorts and city hotels in Mexico, Argentina, Puerto Rico, and the USA under Accor PM&E Americas. The plan includes a $130 million renovation over 30 months.
This strategic move will enhance Accor's brand presence in the Americas, focusing growth in Mexico and strengthening its all-inclusive resort portfolio. The acquisition expands Rixos Hotels into the Americas, marking a significant milestone for the brand.
The deal is expected to finalize in the second semester after regulatory approvals. Accor continues to foster sustainable development and community engagement in the region.
R. H.
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