In (yet another) acquisition, the French hotel group Accor has agreed to buy Swiss group Movenpick for CHF 560m.
Movenpick runs 84 hotels with another 42 under development.
Whilst it is almost certain that the brand will become part of Le Club AccorHotels, this is likely to take 18 months or so as IT systems are aligned.
Raffles, Fairmont and Swissotel will not be fully integrated into Le Club AccorHotels until this July, almost two years after they were acquired.
The Battuta Gate property in Dubai is pictured above.
Accor Live Limitless update – August 2021:
Earn bonus Accor points: You will receive double base points on Accor stays in the UK and Europe until 5th September 2021, but you must register before booking. You can register here.
New to Accor Live Limitless? Read our overview of Accor Live Limitless here and our article on points expiry rules here. Our analysis of what Accor Live Limitless points are worth is here.
Want to earn more hotel points? Click here to see our complete list of promotions from Accor and the other major hotel chains or use the ‘Hotel Offers’ link in the menu bar at the top of the page.