Accor Hotels to consolidate leadership in Brazil with the integration of 26 BHG hotels
Paris – 3 March 2017 –
Accor Hotels announces it has signed an agreement with Brazil Hospitality Group (BHG) and its shareholders, funds managed by GP Investments and GTIS Partners, in order to take over the management of 26 hotels (c. 4,400 rooms) currently owned or managed by BHG, the third-largest hotel company in Brazil.
The portfolio includes economy, midscale and upper upscale hotels in Brazil’s major markets, especially in Rio de Janeiro and Sao Paulo, complementing well Accor Hotels’ existing network in Brazil, and consolidating the Group’s leadership across all segments. The hotels will undergo major renovation … Read More