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New Deal


Announced

Ennismore to acquire Rixos Hotels and Paris Society Group from Accor.

Synopsis

Ennismore, a real estate services firm, agreed to acquire hotels Rixos Hotels and Paris Society Group from Accor, a hospitality services company. Financial terms were not disclosed. “In only a few years, Accor together with Sharan Pasricha, Fettah Tamince and Laurent de Gourcuff, the three talented founders of Ennismore, Rixos and Paris Society, have built a powerhouse of global lifestyle brands supported by dedicated entrepreneurs and talented teams," Sebastien Bazin, Accor Chairman and CEO.

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