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Long Trail School faculty call for board chair's resignation, review of head of school; pledge to walk off campus if demands unmet

Long Trail School faculty call for board chair's resignation, review of head of school; pledge to walk off campus if demands unmet
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David Eisen – Hospitality Net Author

David Eisen – Hospitality Net Author
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Accor May Use SPAC to Own Real Estate While Still Trumpeting Asset-Light Strategy


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Accor might be the latest company to dive into the special purpose acquisition company, or SPAC, merger market.
But the fact that the Paris-based hotel company behind brands like Novotel and Raffles would want to be in the driver’s seat of this kind of deal has analysts predicting this all boils down to keeping real estate holdings off Accor’s balance sheet.
“When public companies like Accor are looking for a SPAC, they probably want to make an acquisition that doesn’t exactly fit with their current business model,” said Nicolas Graf, associate dean at New York University’s Jonathan M. Tisch Center of Hospitality. ....

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