In News from French hotel group Accor SA, the hoteliers announced this morning their sale of two MGallery hotels. One hotel in Germany and another in the Netherlands were sold for an estimated €44 million euros. Accor also announced leasing back the hotels in a 15 year deal with an option to renew.
Accor Group, the world’s leading hotel operator with some 4400 plus hotels in 90 countries, has just announced a deal with Qatar’s Msheireb Hospitality for operating the Msheireb Downtown Doha project., an Accor Hotels MGallery hotel in the city’s prime business district. This luxury boutique offering expands upon traditional Qatari hospitality with a truly original thematic scheduled to open in 2015.