Travel and Leisure Co acquires Accor Vacation Club for US$48.4 million
Hotel Management
JANUARY 30, 2024
Novotel Nusa Dua Speaking exclusively to HM , Robinson said the intention is to keep the properties under their existing Accor brands – Peppers, MGallery, Grand Mercure, The Sebel, Novotel, Mantra and Mercure. Under the exclusive licensing agreement, Accor will receive a percentage of vacation ownership sales revenue as a licensing fee.
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