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Accor

Accor

Industry: 
Hotels
Symbol: 
Euronext: AC
Country: 
France
Contact Information: 
Sources: 

“Foreign visitors to Iran are the most visible effect of President Hassan Rouhani’s drive to mend ties with the U.S. and Europe, an influx that one his deputies said generated as much as $5 billion for the sanctions-hit economy over the past year. For the first time since the 1979 Islamic Revolution, international hotel chains are now plotting a return, while European airlines are adding or restoring links with Tehran…France’s Accor SA was aiming to build a hotel near Tehran’s Imam Khomeini Airport, according to Rahmani-Movahed, though the Paris-based company said that was premature.” (Bloomberg, “Iran Hotels Fill Up as Rouhani’s Rapprochement Lifts Tourism,” 5/21/14)

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"UANI also called on the Novotel Rio de Janeiro Santos Dumont hotel of the Accor Hotels Group and the Hotel Praia Ipanema to reverse their decision to host Iran's delegation [during this week's meeting of the Rio+20 United Nations Conference on Sustainable Development in Rio de Janeiro, Brazil] . . . Significantly, Accor North America operates more than 1,100 properties in the U.S. and Canada, including those of its brand chains Motel 6, Studio 6, Sofitel and Novotel. Accor has also received extensive lodging business from the U.S. government-in particular the U.S. Department of Defense." (UANI Press Release, "UANI Calls on Royal Tulip Hotel, Golden Tulip Hospitality, Accor Hotels to Reverse Decision to Host Iran's Ahmadinejad and Delegation this Week in Brazil," 6/19/12).

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