Accor continues to simplify its balance sheet selling its remaining stake in
Strategy
* DISPOSAL OF 3.3% IN H WORLD GROUP LIMITED
* FOR A TOTAL AMOUNT OF
* CUMULATED DISPOSAL VALUE SINCE 2019 OF
* CONTINUATION OF THE OPERATIONAL PARTNERSHIP
* FOR THE DEVELOPMENT OF ACCOR BRANDS IN
Accor announces that it completed the disposal of the remaining stake in
About Accor
Accor is a world leading hospitality group consisting of more than 5,300 properties and 10,000 food and beverage venues throughout 110 countries. The Group has one of the industry's most diverse and fully-integrated hospitality ecosystems encompassing more than
40 luxury, premium, midscale and economy hotel brands, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. Accor's unmatched position in lifestyle hospitality - one of the fastest growing categories in the industry - is led by Ennismore, a joint venture, which Accor holds a majority shareholding. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. Members benefit from the company's comprehensive loyalty program - ALL - Accor Live Limitless - a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. Through its global sustainability commitments (such as achieving Net Zero Carbon emissions by 2050, global elimination of single use plastics in its hotels' guest experience, etc.), Accor Solidarity,
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charlotte.thouvard@accor.com
Line Crieloue
VP
line.crieloue@accor.com
Investor and Analyst Relations
SVP Investor Relations and
pierre-loup.etienne@accor.com
Investor Relations and Financial Communications Officer
nastassja.mirza@accor.com
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