AccorHotels Acquires 30% Stake in 25hours Hotels with Goal of Global Expansion

25hours Hotels | November 8, 2016

25hours Hotels today announces that AccorHotels is acquiring a 30% stake in its capital, with the objective of accelerating the global expansion of the 25hours brand. 25hours is also expanding its internal development structures and establishing a creative laboratory for this purpose. AccorHotels will be a strategic partner of 25hours supporting its long-term growth. Christoph Hoffmann, CEO of 25hours commented, "Loyal partners have supported our growth in the German-speaking market for the past ten years and we now also have the opportunity to conquer the world with a global partner. This strategic partnership represents a key milesto...