Mantra Group
Accor APAC’s CEO: “Almost one acquisition per month for the last two years”
On Monday, I reported on the latest in a long line of company acquisitions by AccorHotels, when the company announced its purchase of the Mantra Group in Australia. Almost every day I find myself reading about another intriguing buy from the French hotel group. But what is tying all these Accor deals together?
Accor becomes Australia’s second biggest employer after USD 1.2 billion acquisition of Mantra Group
Recent weeks have seen a flurry of deals and acquisitions from the French multinational and industry juggernaut Accor. May alone saw the USD 105 million purchase of Chilean hotel group, Atton Hoteles; April concluded with the sensational buy-up of Mövenpick Hotels & Resorts -- for a cool USD 567 million, on top of successful deals for a 50% interest in Mantis Group and the full acquisition of table reservation platform, ResDiary.
Where to Stay: new hotels from Waldorf Astoria, Sofitel, Rosewood and more
Rosewood Sanya (pictured above) Location: Part of a 16-hectare integrated resort development in Haitang Bay, next to a large convention
Australia’s Mantra Group agrees artistic acquisition
Mantra Group, the Australian hotel company, has entered into an agreement to acquire the Art Series Hotel Group. The deal
Two new hotels touch down at Sydney Airport
Travellers at Sydney Airport will soon have the option of breaking up their journey at a choice of two new
Where to Stay: new hotels from Hyatt, Dusit, Holiday Inn Express, and more
Citadines Bayfront Nha Trang Location: In a seafront development on Tran Phu Street, in Vietnam’s popular resort town Grade: Upscale
Where to Stay: new hotels from Fairmont, Regent, Hilton and more
Hilton Garden Inn Singapore Serangoon Location: Singapore’s Little India district Grade: Midscale Keys: 328 Facilities: Restaurant, 24-hour “grab and go”
Where to Stay: New hotels in KL, Shenzhen, Sydney and more…
Mercure Kuala Lumpur Shaw Parade Location: Pudu, on the fringe of KL’s Bukit Bintang retail and entertainment area Grade: Upper-midscale
Where to Stay: New hotels in Singapore, the Maldives, Greek Islands and more…
Hotel G Singapore (pictured above) Location: Close to Singapore’s main shopping street, Orchard Road, and few minutes away from Bugis
Where to Stay: New hotels in Laos, Australia, the US and more
Banyan Tree’s The Grand Luang Prabang Location: On the banks of the Mekong River in the UNESCO-listed town of Luang
The latest appointments from AccorHotels, Carnival, Amadeus and more
LOUISE DALEY has been appointed as AccorHotels’ deputy chief executive officer Asia Pacific. She has been with AccorHotels for 26
Join The Community
- Intrepid Foundation encourages travel professionals and travellers to give for Myanmar relief
- Macau marks a milestone with MITE 2025
- Innovation takes the floor at MITE 2025
- 13th Macao International Travel Expo officially begins
- Bali Dynasty Resort adds fun new facilities, boosting its place as a top family resort in Bali
Join The Community