Sebastien Bazin, CEO of AccorHotels, likes to think big and outside the proverbial box. His company has made a foray into home-sharing through Onefinestay, sold a majority of its holdings in AccorInvest and recently acquired Mövenpick Hotels for $582 million. If we can expect anything from AccorHotels, it’s the unexpected, but Bazin said the company may be looking to stay in its lane in 2018, fortifying the businesses it has worked to build over the past several years. Well, unless he’s able to pull off one last big idea in a few months’ time.
At the International Hotel Investment Forum in Berlin, Bazin discussed expansion plans in India, its undersized presence in the U.S. and his previous assertion that Airbnb has “lost its soul.” Mind you, he doesn't consider this an insult, and he's confident you will agree.
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HOTEL OPTIMIZATION PART 2 | SEPTEMBER 10 & 24, 2020
Survival in these times is highly dependent on a hotel's ability to quickly adapt and pivot their business to meet the current needs of travelers and the surrounding community. Join us for Optimization Part 2 – a FREE virtual event – as we bring together top players in the industry to discuss alternative uses when occupancy is down, ways to boost F&B revenue, how to help your staff adjust to new challenges and more, in a series of panels focused on how you can regain profitability during this crisis.
