{"id":120970,"date":"2018-05-03T00:00:00","date_gmt":"2018-05-02T21:00:00","guid":{"rendered":"https:\/\/rhn.ro\/accorhotels-signs-agreement-to-acquire-movenpick-hotels-resorts\/"},"modified":"2026-03-28T10:23:53","modified_gmt":"2026-03-28T08:23:53","slug":"accorhotels-signs-agreement-to-acquire-movenpick-hotels-resorts","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/accorhotels-signs-agreement-to-acquire-movenpick-hotels-resorts\/","title":{"rendered":"AccorHotels signs agreement to acquire M\u00f6venpick Hotels &amp; Resorts"},"content":{"rendered":"<p>AccorHotels has signed an agreement with M\u00f6venpick Holding and Kingdom Holding to acquire M\u00f6venpick Hotels &amp; Resorts for 482 million EUR.<\/p>\n<p>\u201cWith the acquisition of M\u00f6venpick, we are accelerating our growth in emerging markets, particularly in the Middle East, Africa, and Asia-Pacific,\u201d stated S\u00e9bastien Bazin, Chairman and CEO of AccorHotels.<\/p>\n<p>Founded in 1973 in Switzerland, M\u00f6venpick Hotels &amp; Resorts operates in 27 countries, with 84 hotels featuring over 20,000 rooms, primarily in Europe and the Middle East.<\/p>\n<p>M\u00f6venpick Hotels &amp; Resorts plans to open an additional 42 hotels by 2021, representing nearly 11,000 rooms, with expansion in the Middle East, Africa, and Asia-Pacific.<br \/>\nSource: <a href=\"http:\/\/www.profit.ro\" data-wplink-url-error=\"true\">Profit<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>How much did AccorHotels pay for M\u00f6venpick?<\/strong><\/p>\n<p>AccorHotels acquired M\u00f6venpick Hotels &amp; Resorts for 482 million EUR.<\/p>\n<p><strong>Where does M\u00f6venpick Hotels &amp; Resorts operate?<\/strong><\/p>\n<p>The company operates 84 hotels in 27 countries, mainly across Europe and the Middle East.<\/p>\n<p><strong>What are the expansion plans for M\u00f6venpick?<\/strong><\/p>\n<p>The brand aims to open 42 new hotels (approx. 11,000 rooms) by 2021 in the Middle East, Africa, and Asia-Pacific.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AccorHotels has signed an agreement with M\u00f6venpick Holding and Kingdom Holding to acquire M\u00f6venpick Hotels &amp; Resorts for 482 million EUR. \u201cWith the acquisition of M\u00f6venpick, we are accelerating our growth in emerging markets, particularly in the Middle East, Africa, and Asia-Pacific,\u201d stated S\u00e9bastien Bazin, Chairman and CEO of AccorHotels. Founded in 1973 in Switzerland,&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[],"thb-sponsors":[],"class_list":["post-120970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/hotelieri-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=120970"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/120970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67234"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=120970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=120970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=120970"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=120970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}