Accor Group Enhances Presence in Morocco and Streamlines Minority Stakes

2023-08-04 10:32:59

In a press release, the group explains that as part of its reorganization both in terms of capital and operations in Morocco, the Group is continuing its process of simplifying its minority stakes. Accor, following the recent sale of its stake in Risma, is also strengthening its resources in Morocco to accelerate the development of its brands in the country, while continuing to play a major role in the promotion and influence of the destination in the international.

With a 30-year presence in Morocco, Accor is the leading operator of international brands in the Kingdom, with a network of 39 hotels (6,000 rooms), 4 hotel projects under development (700 rooms), a range of brands ranging from Ibis to Fairmont, and 5,000 employees under the banner.

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#acquisition #AGM #Risma #Accor #group #solidifying #desire #strengthen #presence #Morocco

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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