Accor to sell 5% stake in Huazhu Group Limited for USD451m

Paris, France, 2019-Dec-09 — /Travel PR News/ — Accor announces that it entered into a definitive agreement to sell approximately 5% stake in Huazhu Group Limited (HTHT) for USD451m. Accor will keep an approximately 5% stake in Huazhu and Chaiman and CEO Sebastien Bazin will remain on the Board. This transaction, which was conducted in full… Read the full press release