Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs   News   Features   Products   Magazine      Advertise  
NEWS
French hotel group Accor purchases 13 UK properties
POSTED 28 Aug 2014 . BY Chris Dodd
The group has acquired properties that it currently leases around the UK Credit: Shutterstock.com/Dmitry Kalinovsky
French hotel group Accor has spent €89m (US$117.m, £71m) on acquiring 13 UK properties as it looks to gain ownership over the hotels it currently leases.

The transition away from the often-popular asset-light strategy deployed by other hotel groups comes as the business looks to re-structure under the guidance of new chief executive and chairman Sébastien Bazin.

The group will now feature two main divisions, its HotelInvest sector, which will act as a property investor, while the other will be known as HotelServices, with a role of running hotels and managing brands.

Accor, known for its Ibis, Novotel and Mercure brands, has bought the 13 hotels from investment group Tritax.

“These transactions demonstrate Accor’s ability to act swiftly in implementing the strategy announced nine months ago,” said John Ozinga, COO of HotelInvest.

“It’s an important step forward in the significant restructuring that we are leading in HotelInvest, fully aligned with our objectives which include creating value by optimising return on capital employed, while strengthening our position as the largest owner of economy and midscale hotels in key European markets.”

The group's acquired portfolio, which includes 12 Ibis and one Ibis budget hotels, represents 1,194 rooms in regional locations including: Coventry, Coventry South, Birmingham Holloway Circus, Birmingham Bordesley, Leicester City, Plymouth, Sheffield City Shude, Liverpool, Manchester Princess Street, as well as London Stratford, London Thurrock and London Barking.

The move from Accor flies in the face of a number of its competitors, which tend to lend themselves to a strategy seeing more leases than acquisition and ownership agreements.

The entrance of Accor into UK ownership comes as international hotel operator Kempinski has announced that it will be temporarily without a presence in the UK, after mutually agreeing to end the management contract for The Stafford London, currently owned by Britannia Hospitality.
MORE NEWS
Les Mills calls on the industry to support UNICEF
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
+ More news   
LATEST JOBS
GP Exercise Referral Instructor
Everyone Active
Salary: £33,000pa + benefits
Job location: Harrow, Middlesex , United Kingdom
Self Employed Personal Trainer
Everyone Active
Salary: Competitive
Job location: Enderby
+ More jobs  

FEATURED SUPPLIERS

Elevate 2026 to mark 10-year anniversary with biggest ever waterfront drinks reception
Elevate is set to celebrate its 10th anniversary in style this June, with organisers confirming the event’s largest-ever drinks reception as registrations continue to run more than 10% ahead of last year. [more...]

Supporting long-term health: why whole body vibration belongs in clinical settings
As healthcare continues to shift towards prevention, there’s a growing focus on helping people stay active, independent and feeling good for longer. [more...]
+ More featured suppliers  
COMPANY PROFILES
Precor

Precor promises precision-quality products with steadfast reliability that are inspired by exerciser [more...]
Everyone Active

Everyone Active operates leisure centres in partnership with local councils across the UK. Today, Ev [more...]
+ More profiles  
CATALOGUE GALLERY
 
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

09-12 Jun 2026

W3Spa EMEA

Hotel Cascais Miragem Health & Spa, Portugal
13-13 Jun 2026

Global Wellness Day

Worldwide, Various,
+ More diary  
 
ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
 
HCM
LEISURE OPPORTUNITIES
HEALTH CLUB HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS
ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026
Get HCM digital magazine and ezines FREE
Sign up here ▸
Jobs    News   Products   Magazine
NEWS
French hotel group Accor purchases 13 UK properties
POSTED 28 Aug 2014 . BY Chris Dodd
The group has acquired properties that it currently leases around the UK Credit: Shutterstock.com/Dmitry Kalinovsky
French hotel group Accor has spent €89m (US$117.m, £71m) on acquiring 13 UK properties as it looks to gain ownership over the hotels it currently leases.

The transition away from the often-popular asset-light strategy deployed by other hotel groups comes as the business looks to re-structure under the guidance of new chief executive and chairman Sébastien Bazin.

The group will now feature two main divisions, its HotelInvest sector, which will act as a property investor, while the other will be known as HotelServices, with a role of running hotels and managing brands.

Accor, known for its Ibis, Novotel and Mercure brands, has bought the 13 hotels from investment group Tritax.

“These transactions demonstrate Accor’s ability to act swiftly in implementing the strategy announced nine months ago,” said John Ozinga, COO of HotelInvest.

“It’s an important step forward in the significant restructuring that we are leading in HotelInvest, fully aligned with our objectives which include creating value by optimising return on capital employed, while strengthening our position as the largest owner of economy and midscale hotels in key European markets.”

The group's acquired portfolio, which includes 12 Ibis and one Ibis budget hotels, represents 1,194 rooms in regional locations including: Coventry, Coventry South, Birmingham Holloway Circus, Birmingham Bordesley, Leicester City, Plymouth, Sheffield City Shude, Liverpool, Manchester Princess Street, as well as London Stratford, London Thurrock and London Barking.

The move from Accor flies in the face of a number of its competitors, which tend to lend themselves to a strategy seeing more leases than acquisition and ownership agreements.

The entrance of Accor into UK ownership comes as international hotel operator Kempinski has announced that it will be temporarily without a presence in the UK, after mutually agreeing to end the management contract for The Stafford London, currently owned by Britannia Hospitality.
MORE NEWS
Les Mills calls on the industry to support UNICEF
Global group exercise specialist, Les Mills, is inviting operators to sign up to its Workout for the World event on 20 June, in support of UNICEF.
HUM2N opens longevity clinic at Six Senses London
Global luxury hospitality brand, Six Senses, has partnered with longevity healthcare provider, HUM2N, to launch a clinic at Six Senses London, at The Whiteley.
KX Chelsea invests £15 million to upgrade its wellness offering
Premium London health club, KX Chelsea, will imminently unveil its most significant redevelopment since its launch in 2002 to create an integrated wellness model combining training, recovery and relaxation.
Researchers identify a drug which reduces muscle loss when using GLP-1 medications
Researchers in the US have identified an antibody which could greatly reduce the loss of lean muscle mass in people who are taking weight-loss medications.
Peloton signals potential move into reformer Pilates with Skop acquisition
Peloton has made the strategic acquisition of the Pilates start-up, Skōp, to support the expansion of its strength ecosystem.
Crunch Fitness creates more affordable reformer Pilates concept
Crunch Fitness has announced the launch of Crunch Reform Pilates – its own reformer concept designed to bring this fast growing, but rather expensive, modality into the mainstream.
+ More news   
 
FEATURED SUPPLIERS

Elevate 2026 to mark 10-year anniversary with biggest ever waterfront drinks reception
Elevate is set to celebrate its 10th anniversary in style this June, with organisers confirming the event’s largest-ever drinks reception as registrations continue to run more than 10% ahead of last year. [more...]

Supporting long-term health: why whole body vibration belongs in clinical settings
As healthcare continues to shift towards prevention, there’s a growing focus on helping people stay active, independent and feeling good for longer. [more...]
+ More featured suppliers  
COMPANY PROFILES
Precor

Precor promises precision-quality products with steadfast reliability that are inspired by exerciser [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

09-12 Jun 2026

W3Spa EMEA

Hotel Cascais Miragem Health & Spa, Portugal
13-13 Jun 2026

Global Wellness Day

Worldwide, Various,
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS