Close

Cart

Total $0.00

Checkout

Acquisitions confirm AccorHotels growing interest in new commercial accommodations services.

AccorHotels announces today the strategic investment in Squarebreak, offering to guests through a digital platform private upscale properties in resort locations, primarily in France, Spain and Morocco, and leveraging local property managers on behalf of homeowners by using hotel management techniques and services.

Squarebreak is a French start-up created in 2013 by Hugues van Heesewijk and Maxime Lesaulnier, both with a combined professional background in the hospitality, e-tourism and real estate business. Their area of expertise is worry-free propositions to guests and homeowners.

“With this investment, Accorhotels is positioning itself to better understand the expectations of guests in a sector where the stay experience and the quality of service are particularly important ”, said Vivek Badrinath, Deputy Chief Officer, Marketing, Digital, Distribution and Information Systems. “In partnership with innovative players, Accorhotels continues to forge ahead along the path of changing and new behaviors in hospitality and travel”.

AccorHotels’ investment in Squarebreak will allow us to go quickly to the next step of our development said Hugues van Heesewijk, CEO and Co-founders. Everyday our teams endeavour to propose a new hotel experience in private homes and to simplify the vacation rental market for travelers.”

AccorHotels announces today the acquisition of a 30% stake in Oasis Collections, the company which pioneered the “Home meets Hotel” category of accommodations, blending the value and authenticity of private rentals with the service, quality-control and amenities of a hotel.

The company was launched in Buenos Aires 2009 and counts 1,500 properties in 18 destinations, in Latin America, the US and Europe. The company offers personalized services to leisure and corporate guests alike, including on-the-ground concierge service and access to members’ club venues, as well as targeted exposure to international travelers for home owners.

“Oasis Collections allows us to explore new complementary offer to upscale hotels”, explained Vivek Badrinath, Deputy Chief Officer, Marketing, Digital, Distribution and Information Systems. We are delighted to work with young talents who share our hospitality and digital culture”.

Parker Stanberry, Co-Founder & CEO of Oasis Collections, said “We are pleased and proud to have AccorHotels alongside us and to benefit from its experience as a global operator and its support in infrastructure and demand generation. We share the same hospitality DNA, and this partnership willgive us the means to match our ambition to reach 70 top key cities by 2019”.

Tags: accorhotels

About AccorHotels

AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.
Over 180,000 women and men in nearly 3,800 AccorHotels establishments look after thousands of guests every day in 92 countries.

Contact: Delphine Dumonceau

delphine.dumonceau@accor.com / +33 (0)1 45 38 84 95

Related News

AccorHotels and Algeciras Sign Agreement for Purchase of Chilean Group Atton Hotels

AccorHotels Appoints Ian Ricci as Vice President of Development for Canada and the Caribbean

AccorHotels Acquires Mövenpick Hotels & Resorts for U.S. $567 Million

AccorHotels, Saunders Hotel Group and The Noannet Group Partner for Raffles Boston Back Bay Hotel & Residences Set to Open in 2021

AccorHotels Signs With DMCC for First SO/ Project in the Middle East Set for 2020 Opening in Dubai

In Partnership With DMCC, AccorHotels to Introduce First SO/ Project in the Middle East Slated for Opening in 2020

AccorHotels Signs Strategic Acquisition Agreement with Mantis Group for 50% Stake in Company

AccorHotels Plans Four SO/ Hotels in Berlin, St. Petersburg, Auckland and Vienna Opening by End of 2018

Australia Gives Go Ahead for AccorHotels Acquisition of Mantra Group

AccorHotels Plans Groundbreaking of Novotel Mexico City With Construction to Begin Later in 2018

AccorHotels Initiates Sale of Majority Stake in AccorInvest

Le Grand Amman - Managed by AccorHotels to Transition to Sofitel Amman Following Extensive Refurbishment in Late 2019

AccorHotels Working to Sell Part of AccorInvest’s Share Capital

AccorHotels Signs with Nakheel for Raffles Hotel and Residences at PALM360 on Palm Jumeirah, Dubai

Brazil Hospitality Group (BHG) Enters Partnership with AccorHotels for Management of 17 of BHG’s Owned Hotels

Q3 2017 Financial Reports Round Up Part 1: IHG, AccorHotels, LaSalle

Landmark Hotel Reopening Early 2018 in Poland as Raffles Europejski Warsaw Following Restoration

AccorHotels Signs an Agreement to Acquire Mantra Group Limited

AccorHotels and SNCF Group Sign a Strategic Partnership for the Development of the Orient Express Brand

Accor: What Will be the Hotel Room of the Future?

All News »

Please login or register to post a comment.