Accor Acquires Luxury Hotel Brand Chain
Posted on 12/10/2015
The concept of economies of scale has been a key driver regarding the recent trend of mega hotel chain mergers. In November, Marriott International Inc. agreed to acquire Starwood Hotels & Resorts Worldwide Inc. for US$ 12.2 billion in a deal that would create the world’s largest hotel operator. French hotel operator Accor SA agreed […]
