PARIS—Anyone who has heard Accor Hospitality chairman and CEO Gilles Pélisson speak during the past few months knows the company is geared up for an “asset right” strategy.
The details, however, of that plan have been unclear—until now. Accor’s shareholders yesterday approved the demerger of Accor Hospitality and its voucher services company, Edenred. Now there is an open road for the hotel group to address its goals.
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