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AccorHotels considers buying 14.3% stake in Air France-KLM

Date:2018-06-04 18:31Source:ChinaTravelNews ReadingNumber: Times

A stake in Air France-KLM could enable AccorHotels to more readily offer packages and services that combine its expertise in hospitality with aviation.

AccorHotels is considering buying a minority stake in Air France-KLM, the hotel company confirmed Sunday.

French newspaper Les Echos reported that the French government is contemplating selling its 14.3 percent stake in Air France-KLM, and that AccorHotels is interested in buying it.

Currently, AccorHotels has more than 4,300 hotels in 100 different countries worldwide and the company is continuing to grow, having just recently announced it intends to buy Moevenpick Hotels & Resorts.

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