HotelInvest receives approval to separate from Accor
HotelInvest receives approval to separate from Accor
19 MAY 2017 9:21 AM

AccorHotels’ board of directors approved the implementation to separate its HotelInvest activity under the AccorInvest group as a stand-alone legal entity.

At a meeting held 18 May 2017, the Board of Directors approved the implementation of the internal reorganization to separate its HotelInvest activity (the “Booster perimeter”) under the AccorInvest group, which will operate 960 hotels and have approximately 40 000 employees across 26 countries.

The Board of Directors authorized the signing of a business segment contribution agreement between the Accor and AccorInvest entities.

The Board of Directors agreed the convocation of a special meeting of shareholders to be held on 30 June 2017, to approve the contribution agreement and the corresponding contribution, as well as meetings of applicable bondholders, in accordance with law and regulations.

The above is a news release written by a third party. While HNN’s editorial mission is to produce unique content, it occasionally publishes timely, newsworthy news releases to complement in-house reporting efforts. All news releases are clearly marked as such. For questions and clarification, please contact Editor-in-Chief Stephanie Ricca at

No Comments

Comments that include blatant advertisements or links to products or company websites will be removed to avoid instances of spam. Also, comments that include profanity, lewdness, personal attacks, solicitations or advertising, or other similarly inappropriate or offensive comments or material will be removed from the site. You are fully responsible for the content you post. The opinions expressed in comments do not necessarily reflect the opinions of Hotel News Now or its parent company, STR and its affiliated companies. Please report any violations to our editorial staff.