Analysts react positively to Accor's buying spree

06/5/2014 | HotelNewsNow.com

Accor solidified its commitment to an asset-heavy growth strategy through its HotelInvest arm's recent $1.23 billion purchase of 97 European hotels. The news was met with approval from a number of analysts, who noted that the acquisition made sense given the industry's current position in the investment cycle.

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