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43-465: In 2017, Accor purchased a 50% stake in the Orient Express brand from SNCF for the right to use the name. In 2018, Accor began renovation work on 17 CIWL carriages from the defunct Nostalgie Istanbul Orient Express , which date back to the 1920s and 1930s, to create a modern Orient Express . Two services will be operated, Central Europe (France, Germany, Austria, Hungary and Czechia) and

86-725: A $ 70 million investment in onefinestay (£50 million) over the next few years. In September 2016, Greg Marsh resigned from onefinestay. Fabrice Carré was appointed as CEO in 2023.  As of January 2024, onefinestay has five C-Suite executives, Dorothée Guiol, Deputy CEO; François Mare, Chief Marketing and Digital Officer; Kelly Wheeler, Chief Financial Officer; Isabelle Garcin, Chief Legal and Compliance Officer; Sophie Howse, Chief Sales Officer, they joined Global Chief Operating Officer, David Whiteside and Guillaume Fontana, Chief Technical Officer. Marsh, along with Demetrios Zoppos and Tim Davey founded onefinestay in September 2009, and raised

129-505: A 28.9% stake in the French all-inclusive holidays' company Club Méditerranée . In 2005, Gilles Pélisson , nephew of Accor's co-founder Gérard Pélisson , became chairman and CEO. The investment firm Colony Capital invested 1 billion euros in Accor. The firm sold its shares of Club Med in 2006 and Red Roof Inn in 2007. In 2007, Accor launched the serviced-apartments brand Adagio in

172-568: A 50/50 venture with Pierre & Vacances , relaunched Pullman as a premium hotel brand, and the Australian All Seasons as a global midscale hotel brand. In 2008, it launched the MGallery collection of upscale "personality" hotels. In November 2010, Gilles Pélisson was replaced by Denis Hennequin as the head of Accor. Accor split its hotel activities from its voucher activities, Accor Services (which became Edenred and

215-736: A chain of Orient Express hotels. In 2019 it was announced that the first Orient Express hotel would open in Bangkok, Thailand at the King Power Mahanakhon skyscraper. It was planned to open in 2020 and would have had 154 rooms. In 2020 Orient Express and King Power mutually agreed to part ways and the Orient Express Hotel Bangkok was cancelled. In February 2022 Arsenale S.p.A acquired The Grand Hotel de la Minerva  [ it ] in Rome, Italy. In July,

258-587: A collection of travel objects called "Steam Dream" launched with pop ups at La Samartaine (a Parisian department store) and the IFC mall in Hong Kong and online. The collection includes items made by Au Départ , Smythson , Cire Trudon , Bernardaud , Duvelleroy and more. In 2023 in a collaboration with Montblanc they launched a limited edition collection of seven Orient Express themed pens for Montblanc's High Artistry Collection. Accor Accor S.A.

301-500: A member of Walpole, the official sector body for UK luxury. The idea behind onefinestay was thought up by co-founder and former CEO Greg Marsh in 2009, following a trip to Pisa . A tip off from a local friend took him off the beaten track to Piazza delle Vettovaglie. He realised he would never have experienced Pisa the same way without having a connection to someone who lived there. When Marsh returned to his flat in London, he had

344-781: A second realisation, it had been empty while he was abroad, and every time he travelled someone else could be experiencing London while staying in his home. Marsh’s home was the first to be listed on the onefinestay website when it launched in London, in May 2010. The business grew, and soon expanded internationally, launching in New York in May 2012, in Los Angeles and Paris in September 2013 before launching in Rome in March 2016. In April 2016, AccorHotels acquired onefinestay for at least $ 170 million (£117 million). The company also committed to

387-458: A small amount of seed funding from family and friends in 2009. The website launched in May 2010 with just six homes listed. In February 2011, onefinestay raised $ 3.7 million Series A funding in a round led by Index Ventures . Other angel investors included: Brent Hoberman, co-founder & CEO of Lastminute.com, Andy Phillipps, co-founder of ActiveHotels, and David Magliano, former Director of Marketing for London’s 2012 Olympic bid. In June 2012,

430-620: A strategic alliance with the China Lodging Group ( Huazhu Hotels Group - 1900 hotels) to develop its hotel brands in China. In June 2015, Accor changed its name to AccorHotels and announced a new digital strategy to federate its brands. The firm acquired FRHI Hotels & Resorts in 2015, owner of the Fairmont , Raffles , and Swissôtel luxury hotels. In 2016, AccorHotels acquired the concierge and loyalty service John Paul,

473-403: A wide range of professional hospitality services, guests will also have 24/7 support available throughout their stay.  The concierge team can also help plan the guest’s holiday and share recommendations based on their travel needs. Additional hospitality services include organising a car rental and grocery delivery to arranging a private chef. Its homes, villas and chalets are located around

SECTION 10

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516-466: Is a British hospitality company founded in 2009. The company provides a service to homeowners of distinctive and upmarket properties, by enabling them to let out their home to guests while their home is unoccupied. As of June 2024, onefinestay operates in over 40 destinations including London, New York, Paris, Los Angeles, Mexico, the Caribbean, Rome and Asia. In January 2024, onefinestay became

559-806: Is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest hospitality company worldwide. Accor operates 5,584 locations in over 110 countries. Its total capacity is approximately 821,518 rooms (end 2023). It owns and operates brands in many segments of hospitality: Luxury ( Raffles , Fairmont , Sofitel ), premium ( MGallery , Pullman , Swissôtel ), midscale ( Novotel , Mercure , Adagio ), and economy ( ibis , hotelF1 ). Accor also owns companies specialized in digital hospitality and event organization, such as onefinestay , D-Edge, ResDiary, John Paul, Potel & Chabot and Wojo. The company

602-648: Is headquartered in Issy-les-Moulineaux , France, and is a constituent of the CAC Next 20 index on the Paris stock exchange. In 1967, Paul Dubrule and Gérard Pélisson founded the hospitality group Société d'investissement et d'exploitation hôteliers (SIEH) and opened the first Novotel hotel outside Lille in northern France. In 1974, the first Ibis hotel was launched in Bordeaux , France. Ibis

645-540: Is taking full ownership of SBE's Hotel assets (except Hudson Hotel in New York and Delano in Miami) as part of its simplification and asset-light strategy. It introduced Mövenpick Living as an extension of Mövenpick brand for extended stay segment. The company announced its strategic plan to focus on lifestyle hospitality. In 2021, Accor introduced the SPAC Accor Acquisition Company (AAC) on

688-427: Is “Better than house-sitting, in that you have no responsibilities, more interesting than a self-catered property or serviced apartment because the owner's possessions, their style, their touch and their personality remain.” Country Life magazine also encouraged it readers to try onefinestay when they wrote “So next time you're heading into town for a meeting, dinner or trip to the theatre, think twice before booking

731-697: The Mövenpick Hotels & Resorts (84 hotels in 27 countries), and the restaurant reservation and table management company ResDiary. AccorHotels partnered with Katara Hospitality to set up a $ 1-billion Africa -focused investment fund. China Lodging Group bought 4.5% of AccorHotels. In 2019, the 21c Museum Hotels that acquired in the previous year were added to the MGallery collection. Its digital marketing companies for hotels (Availpro, Fastbooking) were merged into D-Edge Hospitality Solutions. The group took full control of Orbis (Its subsidiary AccorInvest acquired 98.6% shares of Orbis). Accor launched

774-584: The Paris stock exchange , raising 300 million euros to lead investments in hotel-related businesses, sold a 1.5% share in the Chinese hotel management company Huazhu , and invested in the Indian tech hospitality company Treebo. In October 2021, Qatar's Supreme Committee for Delivery & Legacy had signed an agreement with Accor to manage World Cup fan accommodation during the 2022 FIFA World Cup . According to

817-504: The "Luxury & Lifestyle" organized in four brand collections (Raffles & Orient Express, Fairmont, Sofitel & MGallery, Ennismore). The group sold its remaining stake in H World Group Limited and announced the launch of Orient Express Silenseas, a luxury cruise built with Chantiers de l'Atlantique and planned for delivery March 2026. The construction of the first ship started in March 2024. joint-venture Board of directors as of January 2022: Onefinestay onefinestay

860-729: The 3-star hotel brand SuiteHotel in 1999. In 2000, Accor took full control of Century International Hotels and Zenith Hotels International in Asia, bringing its number of hotels to 200 in the Asia-Pacific zone. The Sofitel Philadelphia (former Philadelphia Stock Exchange Building) was inaugurated, the first Sofitel to open in the US in a decade. Accor bought 20% of the Polish hotel company Orbis. In 2002, Accor settled in Mexico. In 2004, Accor bought

903-632: The London-based short-term vacation rental company onefinestay , 30% of the German 25hours Hotels, and 30% of the Miami-based accommodations provider Oasis. The firm also launched Jo&Joe in 2016, a new hotel brand aimed at millennials, and signed a strategic alliance with Singapore's Banyan Tree . HotelInvest was spun off. In 2017, AccorHotels acquired the B2B hotel service provider Gekko,

SECTION 20

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946-651: The US-based economy lodging company Red Roof Inn (322 hotels), and announced the creation of Accor Economy Lodging to bring Motel 6 and Red Roof Inn under one roof. Along with Colony Capital , it acquired the hotel brands Libertel and Demeure (40 properties in Europe). Accor settled in the United Kingdom with the opening of a Sofitel in the previous Cox & Co bank in Central London . Accor launched

989-465: The acquisition of the fine catering company Potel & Chabot, and the event and entertainment organization company Noctis (renamed Paris Society). In 2018, AccorHotels sold 55% of HotelInvest for €4.4 billion and renaming it AccorInvest and launched a tender offer to take full control of Orbis. It acquired the Mantra Group (134 hotels under the brands Mantra, Peppers, Breakfree, Art Series),

1032-464: The agreement Accor will provide staff to manage and operate more than 60,000 rooms in apartments and villas. The same month, Accor and Ennismore finalized their joint-venture of 14 hotel brands. Accor was the majority stakeholder (then sold 10.8% to a consortium of Qatari investors ), and the founder of Ennismore Sharan Pasricha held a minority stake. Accor and the Italian hotel group Arsenale announced

1075-415: The certification agency Bureau Veritas launched a label guaranteeing high safety and cleanliness measures in the group's hotels and restaurants, and signed a strategic partnership with the insurance company Axa to provide medical assistance to the guests of its hotels worldwide. In 2020, Accor opened more than 200 new hotels including its flagship Raffles Bali. On 24 November 2020, it announced that it

1118-576: The company announced a $ 12.2 million Series B funding round, led by US venture capital firms. In June 2015, the company announced a $ 40 million Series D funding round. It included participation from investors including Intel Capital, Quadrant Capital Advisors, and leading global hospitality brand Hyatt Hotels, as well as a number of angel investors including Joss Kent, CEO of &Beyond and former global CEO of Abercrombie & Kent. onefinestay allows homeowners to rent out their homes to vetted guests. In city destinations, onefinestay manages everything for

1161-505: The familiarity of your usual hotel, and live like a local instead”. This point was echoed by The Financial Times who said "Glitterballs, private lifts and antique cocktails might be fun but how much more compelling is the chance to step into the shoes of a local?". These reviews have also been reflected by the European Startup Awards which named onefinestay as Best Travel and Hospitality Startup in 2011. In October 2024,

1204-645: The firm acquired the economy lodging company Motel 6 (536 motels in the United States). In 1991, it acquired the Compagnie Internationale des Wagons-Lits , which owned Pullman Hotels and Resorts , Altea, and Europcar . Accor also launched another economy hotel, Etap Hotel. In 1994, it merged the Compagnie Internationale des Wagons-Lits with Carlson Travel Network to create Carlson Wagonlit Travel (now CWT ). In

1247-513: The home, enabling them to answer any guest queries. The homes listed range from one-bedroom apartments to town houses and farmhouses in Tuscany to beach villas in the Caribbean. onefinestay works with hospitality distribution partners, travel agents, Centurion (the travel agent from American Express) and Signature. Every guest stay includes a personal welcome and a tour of the home or villa, professional housekeeping and all linens. As well as

1290-489: The homeowner including all reservations. Its in-house housekeeping team prepares everything for the guests’ arrival. They will clean the house before the guests arrive and after they leave. They will put away any valuables the homeowner does not want on display. Members keep onefinestay up to date on their home's availability using an online calendar. Once a homeowner has been selected to join the service (the company turns down 9 out of 10 homes) onefinestay learns everything about

1333-894: The launch of the Orient Express La Dolce Vita luxury trains. and the groups started to test urban autonomous cars with Citroën and JCDecaux . Accor committed to decarbonize all its operations, aiming 46% emission reduction by 2030 and net zero by 2050, a plan validated by the Science Based Targets Initiative . The group then issued its first sustainability-linked bonds for an amount of 700 million euros. In 2022, Accor bought Cunard's Queen Elizabeth 2 from PCFC Hotels and launched its All-Inclusive Collection. In 2023, Accor restructured into two distinct business units: "Economy, Midscale & Premium" unit (Ibis, Novotel, Mercure, Swissôtel, Mövenpick, Pullman, TRIBE from October 2023) and

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1376-437: The mid-90s, Accor shifted its interest towards luxury and premium brands, and moved towards an asset-light model to focus on brand and product management, rather than property management. Economy and midscale brands remained the group's cash cow and enabled it to invest in less profitable but strategic upscale and luxury brands. In 1997, the firm acquired the casino company SPIC, which became Accor Casino. In 1999, it acquired

1419-673: The mythic/original route (France, Germany, Austria, Hungary, Romania, Bulgaria and Turkey). The first service will begin in 2025. The service has no relation to the Venice Simplon-Orient-Express , which is owned by Belmond . A total of six Orient Express La Dolce Vita trains, each accommodating 62 guests, were constructed in Brindisi, Italy . The interiors are inspired by 1960s Italian design . The trains will offer overnight journeys around Italy, with itineraries including Rome , Venice and Portofino . The service

1462-987: The new midscale hotel brand Tribe (born under the Mantra Group Management). After buying 50% of the SBE Entertainment Group (owner of Mondrian Hotels ) in October 2018, Accor and SBE jointly launched the luxury hotel brand The House of Originals, and the premium hotel brand Hyde in Australia . In September 2019, Accor launched its first environment-conscious hotel brand, greet, with the first hotel opened in April that year in Beaune . On 3 December 2019, Accor repositioned its brand as ALL - Accor Live Limitless. The update merged Accor and its loyalty offering Le Club into one unified brand, ALL. In

1505-627: The opening of an Orient Express hotel in the space was announced. Also in 2022 the opening of an Orient Express at the Palazzo Dona Giovannelli in Venice was announced. The hotel will open in 2025. A superyacht cruise line will also be launched under the Orient Express name. The Orient Express Silenseas will be the largest sailing yacht in the world and services will start in 2028. A second yacht has also been commissioned and both will be built by Chantiers de l’Atlantique . In 2021

1548-461: The premier apartment hotel brand The Sebel. In August 2013, Sébastien Bazin became chairman and CEO of Accor. He introduced a new economic model around two poles: HotelServices, which operates and franchises hotels, and HotelInvest, which owns hotels and leads investments. In 2014, Accor bought a 35% share in Mama Shelter (5 hotels) whose chief designer is Philippe Starck , and signed

1591-581: The private sales website for hotel deals VeryChic, and merged Squarebreak and Travel Keys into onefinestay, and launched the MoodMatch app on its website through a partnership with Travelsify. On the same year, AccorHotels also acquired 50% of the Orient Express brand in a move to relaunch it as a luxury hotel brand. the group announced its strategic intention (dubbed Accor Local) to broaden its marketing to locals, instead of targeting only visitors and travelers. It also diversified its portfolio of assets with

1634-589: The wake of the COVID-19 pandemic , Accor created CEDA (Coronavirus Emergency Desk Accor), a platform centralizing needs and providing accommodation solutions in France for front-line medical staff and vulnerable populations. The group allocated 70 million euros to launch the ALL Heartist Fund which was designed to assist employees and individual partners experiencing great financial difficulties. Accor and

1677-502: The world.  This includes London, Paris, Tuscany, Ibiza, the Caribbean, Los Angeles and New York. In New York City it offers stays of 30 nights or more only, priced on a nightly basis. It was the first luxury hospitality brand to offer fully furnished leases with all utilities included, along with its dedicated concierge service and guest support. The Guardian described onefinestay as “a fantastic option for staying in London” as it

1720-414: Was first announced in 2021 and was supposed to launch in 2023 but delayed till 2024 and later 2025. Its inaugural journey will embark on April 4, 2025. Private events for up to 62 people can also be reserved, including for weddings and corporate events, with the option to choose custom decor, menus, and itineraries. Accor purchased a 50 percent stake in the Orient Express brand from SNCF in 2017 to launch

1763-628: Was introduced to the Paris stock exchange the same year. Accor is based on the word "Accord" meaning "agreement" in French. In 1984, Accor bought the Quiberon thalassotherapy center, which became the first of the Thalasso Sea & Spa brand, and acquired the fine catering company Lenôtre the following year. In 1985, the firm launched Formule 1 , a brand of low-cost hotels. The buildings themselves were modular blocks manufactured in factories and assembled onsite to minimise costs. In 1990,

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1806-661: Was listed on the stock exchange). Suitehotel was merged with Novotel. In 2011, Accor revamped the Ibis brand by creating ibis Styles (formerly All Seasons) and ibis budget (formerly Etap Hotel). The group sold the fine catering group Lenôtre, and the Compagnie Internationale des Wagons-Lits . In 2012, the group launched the regional premium brand Grand Mercure in China (MeiJue), and sold Motel 6 . In 2013, Accor redefined its group business model on two core competencies: hotel operator and brand franchisor (HotelServices), and hotel owner and investor (HotelInvest). The group acquired

1849-635: Was then considered a light version of Novotel. In 1975, Novotel-SIEH acquired the restaurant brand Courtepaille and the Mercure hotels. In 1980, Novotel-SIEH acquired the Sofitel hotels (43 hotels). In 1981, Novotel-SIEH entered the Asian market with the opening of a Novotel in Singapore . In 1983, Novotel-SIEH acquired and merged with the group Jacques Borel International to create the Accor group, which

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