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In 2009, Banyan Tree Global Foundation was created as part of Banyan Group Limited. In December 2016, Banyan Tree entered into a partnership with a French hospitality company, Accor. As part of the deal, Accor would invest €16 million to Banyan Tree in exchange for a 5% stake in the company, with the option to purchase an additional 5% stake. [2]
In June 1990, the AccorHotels group bought a minority stake in CIWL. [2] After fully acquiring CIWL in 1991, AccorHotels turned all Pullman Hotels into Sofitel Hotels in 1993, thus taking the Pullman brand off the market. [3] In 2007, AccorHotels revived the upscale Pullman hotel brand to cater to business travelers. [4]
Marriot International, the largest hotel chain in the world by far. This is the list of chain-branded hotels around the world. This is a listing of some of the major hotel brands worldwide. [1] [2] The hotel groups may directly own the hotels, or operate them through a franchise or management agreement. [3]
Novotel is a French midscale hotel brand owned by Accor. [1] Created in 1967 in France, the company grew into what became the Accor group in 1983, and Novotel remained a pillar brand of Accor's multi-brand strategy. Novotel manages 559 hotels in 65 countries (2021). [2] Since 2010, Novotel also includes the apartment hotel brand Novotel Suites. [2]
In August 2005, the first HanTing Hotel was built. [3] The first hotel of the group was opened by Kunshan Railway Station for a trial operation in August 2005. [3] Ji Qi (Chinese: 季琦; pinyin: Jì Qí), [4] the founder, stated that he got the idea to start the chain by reading a book discussing Accor. In January 2010, the first JI Hotel was ...
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Sofitel Hotels & Resorts is a French hotel chain of luxury hotels based in Paris, France, and owned by Accor since 1980. Founded in 1964 in France, Sofitel quickly developed worldwide to reach more than 200 properties. In 2008, Sofitel became a brand of luxury hotels only, downsized its property count to 89, and created new brands.
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