AccorHotels Buying Spree Continues – Acquires Movenpick

AccorHotels has agreed to buy Swiss accommodation group Movenpick Hotels & Resorts, which operates more than 80 properties in Europe, Middle East, Asia and Africa,  for 560 million Swiss Francs.  It’s the latest acquisition among many for AccorHotels, which over the past three years has bought FHRHI Hotels & Resorts (Fairmont, Raffles, Swissotel), luxury home rental business onefinestay, Australia’s Mantra Group and several technology and digital marketing companies. 

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