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ACCOR Taking Bite of Holiday Rental Market

Category: Real estate, Posted:21 Feb 2016 | 13:33 pm

If you think international hotel groups are not closely watching the non-traditional accommodation market such as condo and villa products, think again.

News has come out that French giant ACCOR has taken significant stakes in two online holiday rental entities.

According to Hotels Magazine online ACCOR  has acquired shareholding in Squarebreak and the Oasis Collections.

The intention is to grow both and again tap into a broader basis of diverse products, as historically hotel chains have had difficulty institutionalizing niche products.

What’s key is given AirBnB’s success is that this sector is quickly moving past niche.

Other News

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Koh Samui Gets New Daily Direct Flights From Singapore

Category: Tourism, Posted:14 May 2024 | 09:32 am In a major boost for Koh Samui tourism, Singapore’s Scoot Airlines has commenced daily flights. Currently, there is a daily flight, with a second flight expected to be added in June of this year. Scoot is a subsidiary of Singapore Airlines. The airline is using Embraer E190-E2 aircraft which accommodate 112 passengers on the route. […]
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The C9 Sessions – Understanding Thailand’s Hotel License Regime and Procedures for Branded Residences, Condo Hotels, Mixed Use Projects and Vacation Rentals

Category: Hotels|Real estate, Posted:13 May 2024 | 16:39 pm Branded residences, condo hotels, mixed-use projects, and vacation home rentals are becoming a significant player in Thailand’s hospitality space. As property developers, real estate investors, and property buyers are learning, this is a complex space that requires well-structured projects. Join us for a unique 90-minute co-working lunch learning session about all the moving parts in […]
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Phuket Hotels Association Charity Online Auction Now Open

Category: Hotels|Tourism, Posted:28 Apr 2024 | 09:14 am The Phuket Hotels Association’s absolutely fabulous charity travel sale is now open. This annual event continues to grow with amazing travel stays and other prizes not only in Phuket, but across the region and the world. New items are continuing to be added so check back often. All proceeds go to support over 20 full-time […]
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