Accor announces material progress in the divestment process of Orbis’ real estate assets

Accor agreed key terms of taking over Orbis’ hotel services business for €286m, and begins disposal of its real estate operations, whose Gross Asset Value (excluding corporate overheads) totaled €1.18bn at end-2018 Paris, France, 2019-Jun-13 — /Travel PR News/ — In line with its “asset-light” strategy, and as presented at Capital Market Day on November 27, 2018, Accor announced today… Read the full press release

Aviareto, SITA and the Irish Government joint venture, celebrates One million registrations and half a trillion dollars of aircraft assets

One million registrations and half a trillion dollars of aircraft assets Dublin, Ireland, 2019-Jan-23 — /Travel PR News/ — Aviareto, the joint venture between SITA and the Irish Government, is celebrating its one millionth registration of aircraft assets. Aviareto holds the contract with the United Nations’ International Civil Aviation Organization (ICAO) to operate the International Registry… Read the full press release