AccorHotels | September 4, 2018
AccorHotels announces the completion of its acquisition of Mövenpick Hotels & Resorts. The Enterprise Value (EV) represents CHF 560M (€482M) and encompasses 100% of Mövenpick company's share capital, as well as ownership of the Mövenpick brand for all activities related to the hospitality business. The transaction illustrates AccorHotels' ambition to seize tactical opportunities to strengthen its positions and consolidate its leadership, as well as to leverage growth. As an asset-light business, the acquisition of Mövenpick is perfectly aligned with AccorHotels' strategy. Comprised of 84 properties with over...
Kevin McCarthy | March 21, 2018
By Kevin McCarthy Think about all your possessions, all your worldly belongings, how you travel, and where you stay. I have just walked through my house in my mind and thought of brands that exist in my life for more than 3 years, and persist in their presence. One stands out, a coffee, George Clooney is a fan too of this brand, we have one of their coffee machines in our kitchen in Dubai that we bought 4 years ago when we lived in Switzerland. It works. Never broke down, never falters. The coffee tastes as good today as it did back then and the flavor variety increasing ensures our trust remains. Last Christmas we received complimentar...
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