Accor to merge with Sabre.

Accor, an augmented hospitality group, to merge with Sabre, a software and technology company powering the global travel industry. Financial terms were not disclosed. "We are thrilled to be collaborating with Accor and look forward to redefining the guest experience together. We know our customers have historically had limited options in this area, and we are taking the lead to deliver the solutions that hoteliers have repeatedly told us they both want and need. Once developed, this offering will power a new generation of retailing, distribution and fulfillment solutions that will enable hotels to drive revenue growth beyond traditional sources and offer unique personalized services to their guests around the world," Sean Menke, Sabre President and CEO.