Accor expanding its reach in Americas through Royal Holiday Group
🏦 Accor in talks to acquire management of 17 properties across Mexico, Argentina, Puerto Rico, and the U.S., including 3,200 keys. The $79 million deal involves a $130 million renovation over 30 months. Six resorts will join Ennismore's all-inclusive portfolio, with three rebranding as Rixos Hotels. Eleven properties will adopt Swissôtel, Mercure, or ibis Styles branding. Deal closure is anticipated for the second half of the year, pending regulatory approvals.
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