Accor SA (ACCP.PA)
27 Nov 2015
Europe's largest hotel group Accor SA is planning to buy Canada-based FRHI Hotels & Resorts for about $3 billion, The Wall Street Journal reported on Thursday, citing sources.
Oct 29 Europe's largest hotel group Accor SA is planning to buy Canada-based FRHI Hotels & Resorts for about $3 billion, The Wall Street Journal reported on Thursday, citing sources.
Oct 28 TF1 named former head of Accor hotel group Gilles Pelisson as new chief executive to take over from Nonce Paolini, whose term as chairman and CEO ends in the first quarter of next year after nine years at the helm of the French broadcaster.
* Sets the terms of an 8 year bond issue for an amount of 500 million euros ($555.3 million) with an annual coupon of 2.375 pct Source text: http://bit.ly/1LXxYzg Further company coverage: ($1 = 0.9004 euros) (Gdynia Newsroom:)
* Orbis hotel chain said in a statement on Thursday that it expects 2015 EBITDA at 310-320 million zlotys ($82.4-85.1 million).
PARIS, July 30 Accor, Europe's largest hotel group, on Thursday predicted its operating profit would rise further this year as restructuring efforts continue to pay off and despite still challenging economic conditions in France and Brazil.
WARSAW, June 15 Polish hotel chain Orbis , a unit of France's Accor, said on Monday it plans to issue bonds worth up to 300 million zlotys ($81.2 million).
PARIS, June 15 French hotel group Accor said in a statement on Monday it would appoint Jean-Jacques Morin as its new chief financial officer from October 1.
* To spend extra 22 million euros on the plan (adds details, analyst, CEO comments from conference)
PARIS Accor said on Wednesday it would spend 22 million euros ($25 million) to enable independent hoteliers to offer their rooms on its booking website as it seeks ways to fight back against online travel agents such as Expedia and Booking.com.
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