Accor announces the sale and franchise-back of 29 hotels in Germany and Netherlands for €234 million as part of HotelInvest’s assets restructuring

PARIS, 2015-4-29 — /Travel PR News/ — As part of the restructuring of HotelInvest’s assets, Accor announces the sale and franchise-back of 29 hotels (3,354 rooms) in Germany (18 hotels, 2,167 rooms) and the Netherlands (11 hotels, 1,187 rooms) for a total value of €234 million. The selling price amounts to €209m. The buyer has… Read the full press release