Accor sells 57 hotels in France and Switzerland for EUR 518m

By A staff reporter 2007-12-20T00:00:00

French hotel group Accor has sold 47 hotels in France and 10 in Switzerland to a consortium including Caisse des Depots et Consignations and AXA REIM for EUR 518 mln. The Novotel, Mercure, Ibis, All Seasons and Etap Hotel properties involved in the transaction have a total of 8,200 rooms.

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