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Accor Appoints Sébastien Bazin Chairman and CEO

Accor Appoints Sébastien Bazin Chairman and CEO

Former Colony Capital head of European investing Sébastien Bazin has been appointed to the role of chairman and CEO of Accor. The decision was made by the Board of Directors earlier this week. Gerard Pélisson and Paul Dubrule, co-founders of ...

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U.S. Lodging Sector Performance Remains Favorable

U.S. Lodging Sector Performance Remains Favorable

NEW YORK—PwC US anticipates that positive momentum in travel activity will continue to boost revenue per available room (RevPAR) in 2013, despite the recent sluggish pace of economic recovery. An updated lodging forecast released by PwC US shows favorable gains ...

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Global Corporate Bookings Up Year Over Year

Global Corporate Bookings Up Year Over Year

DALLAS—Global corporate bookings grew 5.5 percent over 2012’s level in July, according to Pegasus Solutions, a processor of electronic hotel transactions. The promising uptick in business travel was accompanied by substantial leisure demand that paled in comparison to strong gains ...

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Simmons Hospitality Institutes New Mattress Recycling Initiative

Simmons Hospitality Institutes New Mattress Recycling Initiative

ATLANTA—Simmons Bedding Company and its Hospitality Division (Simmons Hospitality) announced the implementation of a new mattress recycling program. The company recently partnered with Global Sustainability Solutions (“GSS”) to handle recycling services for hospitality sales. The new Simmons Hospitality/GSS program will ...

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