ACCOR's Financials Topple CEO
Category: Hotels, Posted:03 May 2013 | 06:00 am
The Board of Director's of global hospitality giant ACCOR have voted to terminate the employment of Chairman and CEO Dennis Hennequin.
According to various media reports two of ACCOR's major shareholder's Colony Capital and Eurazeo pushing the change.
Accor's year on year revenue is down, and the company has been slow to implement an asset light strategy.
Industry insiders are viewing the Sofitel brand as a possible transaction target.
Phuket Hotels Association Online Travel Auction Now OpenCategory: Hotels, Posted:14 May 2023 | 09:56 am The annual non-profit Phuket Hotels Association Absolutely Fabulous Online Travel Sale is now up and running. CLICK With nearly 200 hotel travel and dining deals across Thailand, Asia the globe, all proceeds go to the education scholarship fund of PHA. Over 45 Thai hospitality students are now supported by the fund and these are the […]