🇫🇷 National
💰 Financing | Accor has yet to decide on the future of Ennismore, in which it holds a 62% stake. Speaking on stage at the Skift Global Forum in New York, Sébastien Bazin said a stock-market listing came with many drawbacks, and did not rule out Accor injecting fresh capital. Analysts value the joint venture at between $3.4bn and $5.8bn. #Accor #Ennismore #IPO
🧭 Strategy | Sébastien Bazin predicts that Accor will have more hotels in India than in France within ten years, alongside its partner InterGlobe, parent company of IndiGo. The chairman and CEO also believes that a third of the hotel workforce will be affected by AI, and urged the industry to train before replacing, automating the ordinary in order to humanise the extraordinary. #Accor #India #ArtificialIntelligence
✨ Appointment | On 25 September, the board of Tahiti Tourisme unanimously re-elected Bud Gilroy as chairman for a further three-year term. He has been praised for his support of the destination’s local teams and international offices. #Tahiti #FrenchPolynesia #Tourism
🌍 International
✍️ Signing | Accor has signed the Fairmont Chania Resort, the brand’s first property in Greece. Designed by Luciano Mazza and Inge Moore with Hersonissos Group Hotels, the 104-key beachfront resort on Crete’s north-west coast will open in 2029 with five dining concepts and a spa. #Fairmont #Crete #Luxury
🔨 Renovations | Hilton has set out its openings and renovations for the season. On the works side: Conrad Indianapolis ($25m, 247 keys), Hilton Mexico City Reforma (459 rooms), Embassy Suites Montréal, Hilton São Paulo Morumbi (new Ritus restaurant), Café Alice at the Roosevelt New Orleans, Ka La’i Waikīkī Beach LXR ($100m) and the Palacio Bellas Artes San Sebastián, which has reopened following restoration. #Hilton #Renovation #Development
💼 Transaction | Crescent Real Estate has sold The Hotel at Avalon, Autograph Collection, a 330-room hotel in Alpharetta, Georgia. Acquired in September 2020 at the height of the pandemic, the asset, the only hotel within the Avalon mixed-use development, was managed by HEI Hotels & Resorts. #Transaction #UnitedStates #Investment
🏝️ Project | Corinthia Group and Carolina Partners are planning a 50-suite resort with villas, casitas and branded condominiums on Grace Bay in the Turks and Caicos. The scheme, C-REV’s first North American project, is due to break ground in 2027, subject to approvals. #Corinthia #TurksAndCaicos #BrandedResidences
🚫 Withdrawal | After more than four years of legal challenges and political wrangling, EKN Development has abandoned its 56-room luxury hotel in Petaluma, California, despite the project being approved in February, and is considering selling the site. The city is claiming $860,000 in fees. #California #Development #UrbanPlanning
🇹🇭 Tourism policy | The Thai Hotels Association (THA) has submitted eight reforms to the government, including restrictions on visa-free stays, higher taxation of foreign platforms such as Booking.com and Airbnb, and a co-payment scheme to boost domestic tourism. It is also proposing a minimum of 60 days between two visa-free entries. #Thailand #Visa #OTA
✨ Appointment | Auberge Collection has promoted Fernando Flores to Area Managing Director and General Manager of Esperanza in Los Cabos, with a support role for Etéreo. He had led Esperanza since 2025. #AubergeCollection #Appointment #Mexico
