Accor Hotels related stories
All articles and analysis
Eurazeo writes down casino investment with ColonyThe French private equity firm will “partially” write down its $200m investment in US casino operator, Station Casino. Station is majority-owned by Colony Capital. Another Eurazeo-Colony investment, Accor, has also been hit by the economic downturn forcing the firm to inject an extra €200m into the hotel group.
- Colony JV increases stake in French supermarket
Blue Capital, the company jointly owned by Colony Capital and Groupe Arnault, has again increased its stake in French supermarket retailer Carrefour. Blue Capital now holds 12.9 percent of Carrefour. In May, Colony also increased its stake in Europe’s largest hotel owner, Accor.
- Eurazeo to keep paying dividends
The listed French private equity firm will have to partially write down its investment in Las Vegas casino operator, Station Casino, but it says its portfolio companies are taking necessary steps to weather the global financial storm.
- Colony, Eurazeo up stake in Europe’s largest hotel owner
Private equity firms Colony Capital and Eurazeo plan to increase their stake in the hotel group Accor, which owns the Pullman and Ibis hotel chains, to 30 percent.
- Colony Capital ups stake in Paris Saint-Germain
Taking its ownership in the French football team to 62.5 percent is a sign of its long term ambition for the club, says the Los Angeles-based firm.
- Morgan Stanley to buy $750m worth of Hilton Hotels(2)
The Wall Street bank’s real estate arm is reportedly buying 10 European hotels as it ramps up exposure to the global hospitality sector.
- Morgan Stanley to buy $750m worth of Hilton Hotels
The Wall Street bank’s real estate arm is reportedly buying 10 European hotels as it ramps up exposure to the global hospitality sector.
- One Equity helps Carlson in $465m deal
In a $465m (€369m) transaction, the JP Morgan-backed private equity arm has partnered with Carlson Companies to help it become one of the largest travel platforms in the world.
- Colony makes €1b investment in Accor
The global private equity real estate firm has made a strategic investment in European hotel owner and services provider Accor.
- Barclays PE buys Axa unit
The firm’s French unit has taken a 90 per cent stake in business risk insurer Albingia, backing a management buyout at the E110m turnover business.