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Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. [5] It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. [6] Accor operates 5,584 locations in over 110 countries.
CWT has existed in its present form since 1994, the result of a 50%/50% merger of two large travel agencies: the Ask Mr. Foster Travel Agency chain, later called Carlson Travel Network, and the travel agency of Compagnie Internationale des Wagons-Lits (literally sleeping car), founded by Georges Nagelmackers in 1872 in Belgium and later acquired by Accor.
Originally named Agent Company Operations Research and Development (ACORD), the organization's initial goal was to standardize the many proprietary forms being used by carriers for new business and claims submission. [2] In the late 1970s, ACORD began developing electronic standards to complement its form standards.
Mövenpick Hotels & Resorts (German pronunciation: [ˈmøːvənpɪk]; English: / ˈ m uː v ə n ˌ p ɪ k /) is a Swiss hotel management company headquartered in Baar, Switzerland.It is fully owned by Accor since the September 2018 acquisition from former shareholders Mövenpick Holding (66.7%) and the Saudi-based Kingdom Group (33.3%).
In 1994, Carlson and Compagnie Internationale des Wagons-Lits, a division of Accor, merged their travel agencies to form CWT, a travel management company. [13] In 1997, Carlson acquired Regent Hotels & Resorts from Four Seasons Hotels and Resorts . [ 14 ]
FRHI Hotels & Resorts (previously known as Fairmont Raffles Hotels International) [2] is a global hotel management company that is based in Toronto, Ontario, Canada.FRHI is the parent company that manages three brands of hotels: Fairmont, Raffles and Swissôtel.
Mercure is a French midscale hotel chain owned by Accor. [2] Created in 1973 in France, the brand was acquired by Accor in 1975, and subsequently became a major part of the company's midscale hotel portfolio, alongside Novotel. As of 2021, Mercure operated 949 hotels in 63 countries. [1]
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