Africa
Accor and Doha launch investment vehicle in Mauritius

Despite the disastrous impact of the Covid-19 pandemic on the tourism industry, Kasada, an African fund spawned by the union of French hotel giant Accor with Qatar, has set up a new funding structure in Mauritius. [...]
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Africa, France, Qatar
Qatari shareholders nudge Accor into 5-star trajectory

In opening new luxury hotels in Morocco and Ivory Coast, Accor is clearly targeting the wealthiest segment of the African market. The hotel chain will be hoping that this strategy, which has coincided with the arrival of Qatari and Saudi shareholders, will help to replenish the coffers as Covid-19 travel restrictions continue to hamper its business.

LogoSubscribers only Business 07.05.2021

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