Movenpick Hotels and Resorts

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Accor disposes Orbis and restructures Mövenpick to become fully asset-light

17 December 2019 by

Accor has announced the disposal of its stake in hotel operating company Orbis to AccorInvest for €1.06b (£890m) as well as the sale and ‘management back’ of its Mövenpick leases, achieving its goal to become a fully asset-light company.

In-Depth

Brits abroad: Craig Cochrane

13 December 2017 by

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

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