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.
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Source: traveldailymedia