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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]
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]
Accor and the certification agency Bureau Veritas launched a label guaranteeing high safety and cleanliness measures in the group's hotels and restaurants, [81] and signed a strategic partnership with the insurance company Axa to provide medical assistance to the guests of its hotels worldwide. [82] In 2020, Accor opened more than 200 new ...
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%).
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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] Outside Europe, Accor additionally uses the Grand Mercure brand, an upscale subsidiary in currently 12 countries.
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