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By Doyinsola Oladipo and Aishwarya Jain NEW YORK (Reuters) - Independent hotel operators and giant global chains are increasingly linking up in franchise agreements as high-interest rates have...
(Reuters) - Europe's biggest hotel group Accor (EPA:ACCP) announced on Friday it has entered exclusive negotiations with Andera Partners and partner investors to acquire a 63% stake in Potel &...
By Tristan Veyet and Gaelle Sheehan (Reuters) -Accor plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-fifth, it said on Tuesday, the...
By Doyinsola Oladipo NEW YORK (Reuters) -Hotel room rates in the U.S. and Europe are rising and may get even more expensive as supply has failed to keep up with demand, industry executives said. U.S....
By Peter Nurse Investing.com - European stock markets traded in a mixed fashion Thursday, with investors digesting more corporate earnings and the latest Federal Reserve minutes ahead of key Eurozone...
By Tristan Chabba and Anna Mackenzie (Reuters) -Europe's biggest hotel group Accor (EPA:ACCP) on Thursday forecast higher revenue per available room (RevPAR) for 2023 as Chinese travelers are...
By Layli Foroudi (Reuters) - On the second day of her stay at the Marriott Hotel in Sousse, Jannette Mensi waded into the swimming pool only to be told by hotel staff that she would have to get out...
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