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Global Branded Hotels Market Factbook Report 2022-2028 Featuring Accor, Marriott, Hilton, Hyatt, IHCL, Huazhu Group, Choice Hotels, IHG, Radisson, and Minor International

Accor continues to simplify its balance sheet by selling its residual stake in H World Group Limited (Huazhu)

Accor announces that it has completed the sale of its residual stake in H World Group Limited (formerly known as Huazhu Group Limited) for $460 million. This transaction finalizes the value creation of the investment initiated in 2016. The cumulative disposal value since 2019 has reached $1.2 billion, compared to an initial investment of less than $200 million. This contributes to the “asset-light” strategy of simplifying the Group s balance sheet. Following this transaction, Accor no longer holds any shares in the capital of H World Group Limited.

Hospitality real estate market size to grow by USD 75 36 billion from 2022 to 2027: A descriptive analysis of customer landscape, vendor assessment, and market dynamics

20 Largest Hotel Chains In The World - Insider Monkey

The hospitality industry is not just one of the largest industries in the world, it is also one of the most important in driving tourism which is crucial to the economy of many countries.

MIL-OSI China: Hotels, airlines ride Cup to score biz goals

MIL-OSI China: Hotels, airlines ride Cup to score biz goals
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