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the Sale of Motel 6 to Blackstone
Blackstone Becomes the Largest Hotel Owner in the World with Direct Control of 850,000 Rooms
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News for the Hospitality Executive |
 May 23, 2012 - Fifth
largest
hotel group in the world with 531,714 rooms as of 1 January 2012 for
over 4,400 hotels in the world, Accor is going to lose almost 1,102
hotels and 107,000 rooms once the sale of Motel 6 and Studio 6 is
finalized later this year. By removing these two brands from their
network, Accor slides back a notch behind Choice Hotels International
(taking into account their figures as of 1/1/2012).Accor group remains largely on top of the podium in Europe, Latin America, and Asia pacific. The scheduled development (40,000 rooms/year) and the pipeline already set up are focused on both “continents”: Asia Pacific and Latin America, where the group wants to improve even further its positions. In Europe, even if the rhythm is slowing down, growth needs to be secured by an extra effort from franchising within economy brands. This is the reason why there is such a strong communication campaign for the Ibis “Super brand”.  As it is already a shareholder of many hotel groups (Hilton Worldwide, La Quinta, Simply Hotels (formerly known as Mister Bed)), through the acquisition of Motel-6/Studio6, Blackstone becomes the largest hotel owner in the world with direct control of over 850,000 rooms across the world. ABOUT MKG Group Established in 1985 by Georges Panayotis, MKG Group has built a solid reputation for business expertise and substantial European-based know-how in the fields of tourism, lodging and food service. MKG Group meets the needs of each of its clients by providing valuable analytical and decision-making skills necessary for success. www.mkg-group.com |
| For further information , please contact : MKG Group - International Development Department Vanguelis Panayotis T. : +33 (0)1 56 56 87 87 [email protected] MKG Hospitality - Media Contact Michael Komodromou Tel: +44 (0)20 7624 4030 [email protected] Web: www.mkg-hospitality.com
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