“Accor’s New Chief to Accelerate Predecessor’s Franchising Plan | bloomberg.com” |
| Accor’s New Chief to Accelerate Predecessor’s Franchising Plan | bloomberg.com Posted: 13 Dec 2010 08:49 AM PST |  13 December 2010 Accor SA's new chief executive officer plans to accelerate his predecessor's work in reducing hotel ownership in favor of management contracts and franchises. Europe's largest lodging company needs to "unleash capital" by selling hotels and retaining the contracts to manage them, Denis Hennequin said in Vienna. Hennequin joins Accor from McDonald's Corp. next month after former CEO Gilles Pelisson left because of differences with the board. gilles pelisson, denis hennequin, mcdonalds corp, management contracts, hotel ownership, lodging company, chief executive officer, accor, predecessors, mcdonalds, franchises, sas, vienna, ceo, hotels bloomberg.com | This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php |
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