Accor CEO Sebastien Bazin believes business travel will “never return to the new normal” and that in the long term corporate numbers likely sit around 10% less than they were pre-COVID. Short term, until mid-2021, he estimates business travel will be down 25% to 30%. “Longer term, my expectation is going to be it will […]
Tag: Accor
Welcome To Accor’s New Business Model
AccorHotels has announced it’s embarking on a new strategy that will see the global hotelier sell the rooms of independent hotels (for a commission of course) and also provide them with technology services, much like a modern Online Travel Agent. The big difference of course is that Accor also owns or operates 3700 properties in […]