Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments

Accor S.A. is a French multinational hospitality company that owns, manages and franchises hotels, resorts and vacation properties. It is the largest hospitality company in Europe, and the sixth largest worldwide.

 
 
 
 
 

Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business

Wait Pausing Investments
Staff(RF), 2021
3500
Hotels
57
Glob.Revenue, mln.USD
2330

A hotels network in Russia.

The Company Statement
February 24, 2023

According to press, the company suspends new investments/development in Russia. The chief executive of Accor, the French owner of the Orient Express and Novotel hotels, has claimed pulling out of Russia is “not an option” unless he is forced to by more stringent sanctions.

Open the Statement
Statements Archive
April 04, 2023Letter sent by B4Ukraine to the company (no response provided)
June 17, 2022Ukraine - Situation Update
March 09, 2022Accor drops Russia expansion plans
Demand to Leave Russia:Petition text has been copied to the clipboard.
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