The Accor group reorganizes and wants to develop its Luxury & Lifestyle division

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The Accor group announced Tuesday a reorganization of its activities around two major divisions, confirming that its CEO, Sebastien Bazin, would remain at the helm for several more years.

 

Accor is reorganizing to clarify its positions and segment its activities. The first division will be dedicated to the “Economy, Midscale & Premium” segments, and will include the ibis, Novotel, Mercure, Swissôtel, Mövenpick and Pullman brands, representing 4,816 hotels worldwide and 948 new establishments under development.

 

The second part, “Luxury & Lifestyle“, will include the Raffles & Orient Express, Fairmont, Sofitel & MGallery and Ennismore brands, representing 488 hotels worldwide and 266 new properties under development.

 

This new organization will take effect on October 1, 2022, says the group: “By evolving from a generalist to a multi-specialist model, our goal is to further strengthen Accor’s attractiveness to our talent, owners, partners and investors,” explained Accor’s chairman and CEO, Sébastien Bazin, quoted in a statement.

 

In addition, he should remain at the head of the world’s sixth largest hotel group for several more years and complete its reorganization, as the board of directors has “unanimously decided to propose the renewal” of his mandate.

 

At the next meeting, which will take place in May 2023, the agenda will include the renewal of Mr. Bazin’s mandate for a period of three years. At the head of the Accor group since late 2013, Sébastien Bazin will have to ensure the deployment of a new organization of the company. Accor will move from a “generalist model to a multi-specialist model“, says Mr. Bazin.
 

Read also > STRONG BUSINESS RECOVERY FOR THE ACCOR GROUP IN THE FIRST QUARTER

 

Featured photo : © Accor[/vc_column_text][/vc_column][/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]

The Accor group announced Tuesday a reorganization of its activities around two major divisions, confirming that its CEO, Sebastien Bazin, would remain at the helm for several more years.

 

Accor is reorganizing to clarify its positions and segment its activities. The first division will be dedicated to the “Economy, Midscale & Premium” segments, and will include the ibis, Novotel, Mercure, Swissôtel, Mövenpick and Pullman brands, representing 4,816 hotels worldwide and 948 new establishments under development.

 

The second part, “Luxury & Lifestyle“, will include the Raffles & Orient Express, Fairmont, Sofitel & MGallery and Ennismore brands, representing 488 hotels worldwide and 266 new properties under development.

 

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The Accor group announced Tuesday a reorganization of its activities around two major divisions, confirming that its CEO, Sebastien Bazin, would remain at the helm for several more years.

 

Accor is reorganizing to clarify its positions and segment its activities. The first division will be dedicated to the “Economy, Midscale & Premium” segments, and will include the ibis, Novotel, Mercure, Swissôtel, Mövenpick and Pullman brands, representing 4,816 hotels worldwide and 948 new establishments under development.

 

The second part, “Luxury & Lifestyle“, will include the Raffles & Orient Express, Fairmont, Sofitel & MGallery and Ennismore brands, representing 488 hotels worldwide and 266 new properties under development.

 

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Hélène Cougot
Hélène Cougot
Passionate about art and fashion, Hélène went to a fashion design school: the Atelier Chardon-Savard. She then completed her training with an MBA in Marketing at ISG. She has written for the magazine Do it in Paris and specializes in writing articles about luxury, art and fashion for Luxus +.

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