Accor Takes Full Ownership of sbe Hotel Brands

Accor  | November 25, 2020

Paris, November 25, 2020 - As part of its simplification and asset-light strategy, and with the ambition of accelerating its momentum in the fast-growing Lifestyle hospitality sector, Accor today announces the signing of binding agreements on a new sbe Group’s ownership structure. Under the terms of these agreements, Accor is taking full ownership of sbe’s Hotel asset light business including the Delano, Mondrian, SLS, and Hyde hotel brands along with most of sbe’s Food & Beverage brands including Cleo, Fili’a or Carna by Dario Cecchini. These brands will be at the heart of Accor’s newly created global Lifestyle platform (...