Denis Hennequin News
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Accor SA, Europe’s largest hotel operator, fired Chairman and Chief Executive Officer Denis Hennequin after he disagreed with the board over the pace of the company’s expansion plan.
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Denis Hennequin has to turn hotels into hamburgers.
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Accor SA , Europe’s largest hotel owner, said Chief Executive Officer Gilles Pelisson will be replaced by Denis Hennequin owing to differences with the board.
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Accor SA Chief Executive Officer Denis Hennequin forecast slowing growth at Europe’s largest hotel company as consumers and businesses reduce spending on lodging next year.
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Accor SA ’s new chief executive officer plans to accelerate his predecessor’s work in reducing hotel ownership in favor of management contracts and franchises.
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Blackstone Group LP, the New York- based private-equity firm that manages $48 billion in real estate assets, agreed to buy the Motel 6 lodging chain from Accor SA for $1.9 billion, adding to its hospitality holdings.
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Accor SA named McDonald’s Corp.’s Denis Hennequin to take over as chairman and chief executive officer of the group from Jan. 15 in an e-mailed statement today.
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Budget hotels don’t have to feel cheap, the French owner of the Ibis chain says.
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Accor SA Chief Executive Officer Denis Hennequin will go to India to review the hotel company’s business there to assess how to allocate assets, Le Journal du Dimanche said today, citing an interview with Hennequin.
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The following is a list of companies whose shares may have unusual price changes in Paris. Stock symbols are in parentheses after company names. Share prices are from the last close.
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