Accor Hotels acquires Movenpick Hotels and Resorts
AccorHotels have announced their plans to acquire Movenpick Hotels and Resorts. The Movenpick chain has 84 hotels spread across 27 countries and have plans to open an additional 42 hotels before 2021. The hotel group has a strong presence in the Middle East and Europe with the expansion plans strengthening this presence and also adding to it in Africa and Asia-Pacific.
The AccorHotels group already has over 4300 hotels and resorts across the globe incorporating brands such as Fairmont, Sofitel, Pullman, Novotel, Mercure and Swissotel.