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Accor CEO: Onefinestay buy shows evolving industry

from Hotel News Now

AccorHotels now is in a position to "kill" any opposition coming into the luxury serviced-homes market following its acquisition of Onefinestay, according to AccorHotels Chairman and CEO Sébastien Bazin. AccorHotels on Tuesday purchased 100 per cent of Onefinestay for $168.26 million and with this acquisition, the space occupied by Onefinestay now belongs to the French company. more

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