• Accor Orbis offer

Accor has offered Polish hotelier Orbis a package of 46 hotels in eastern Europe, for EUR142m. The package includes hotels in Hungary, the Czech Republic, Romania and Poland and would make Orbis the sole licensor of Accor brands in the region.

The deal includes a combination of owned, leased, managed and franchised properties, and includes two already being managed by Orbis, in Warsaw and Wroclaw. Orbis currently operates 68 hotels, of which it owns the majority, and the deal would make it the largest hotel group in the region.
Read the full story here:
http://www.orbis.pl/files/en/raporty/biezace/2014/pdf/7061.pdf
 
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