PARIS (Reuters) - AccorHotels has bought an initial five percent stake in Singapore's Banyan Tree Holdings as part of Accor's current strategy to strengthen its luxury hotels portfolio to give a ...

It's tough keeping track of all of Accor's brands. But CEO Sebastien Bazin says the strategy is working. "Thank god it’s behind me," said Accor chairman and group CEO Sebastien Bazin this week ...

The hotel shut down in March 2020 as Covid-19 spread. Accor laid off all 225 of Novotel’s employees before Christmas of that year, and Millennium said it was permanently closing the building.

Banyan Tree Holdings has 43 hotels and resorts under the four brands of Banyan Tree, Angsana, Cassia and Dhawa, as well as 64 spas and three golf courses in 28 countries. Accor shares were down 0. ...