More love for the old brands
Patrick Mendes: How Accor intends to keep its portfolio fresh and flexible
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Maria Pütz-Willems
is a passionate writer who travelled to over 40 countries and got to know the media world from many perspectives. She has been reporting on the international hotel industry for over 30 years and founded hospitalityInside.com in 2005. She finds her balance with fresh air, sports, cooking and sociable friends.
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EBITDA record of more than €1 billion
Accor Q4 & FY 2023: Driven by resolutely solid demand in 2023, Accor was able to set new records in terms of operating and financial performances. All regions and segments enjoyed strong growth after a year in 2022 marked by the post-Covid pandemic recovery.
New power for the premium brands
Berlin. More diversity in the teams and remote working are now desired and no longer an exception. Patrick Mendes sees himself as an open-minded citizen of the world. Now, as the new CEO Europe & North Africa, he is responsible for an important region for Accor, home to the Group's "power brands," its strong economy and midscale brands. In the future, he will devote more attention to the premium brands in his territory. Paris expects new revenue streams, especially at premium resorts. A first conversation at ITB Berlin.
Another reorganisation at Accor
Paris. At Accor, it is no longer the regions but the brands that count. Europe's largest hotel group divides its hotels into "Premium, Midscale & Economy" and "Luxury & Lifestyle". To implement this efficiently, CEO Sébastien Bazin has set a personnel merry-go-round in motion.