Accor Plans to Separate, Sell Majority of HotelInvest Unit

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  • Move comes after Accor completes purchase of Fairmont brands
  • Assets have climbed more than 25% to $7.8 billion since 2013

Accor SA, Europe’s biggest hotel operator, will separate its HotelInvest unit and plans to eventually sell a majority stake in the subsidiary to free up funds for the parent company to expand and improve existing lodgings.

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