Accor completed the merger with Ennismore in a $1bn deal.

Accor, a French multinational hospitality company, completed the merger with Ennismore, a UK-based developer and the owner of The Hoxton, in a $1bn deal. "It’s a very exciting day and the start of a new chapter for Ennismore as we become the largest and fastest growing lifestyle hospitality company. I couldn’t be more excited to bring together our unrivalled portfolio of brands in this new entity, and share the reins with my longtime friend and now co-CEO, Gaurav," Sharan Pasricha, Ennismore Founder & CEO.