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Asia

Accor becomes Australia’s second biggest employer after USD 1.2 billion acquisition of Mantra Group

Recent weeks have seen a flurry of deals and acquisitions from the French multinational and industry juggernaut Accor. May alone saw the USD 105 million purchase of Chilean hotel group, Atton Hoteles;  April concluded with the sensational buy-up of Mövenpick Hotels & Resorts -- for a cool USD 567 million, on top of successful deals for a 50% interest in Mantis Group and the full acquisition of table reservation platform, ResDiary.

Brazil

AccorHotels’ acquisition spree continues with Atton Hoteles

It’s just been weeks since AccorHotels bought Switzerland’s Mövenpick Hotels & Resorts for US$567 million, but the French hotel giant is not done yet, expanding its portfolio as it acquired Chile’s Atton Hoteles for US$105m.

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