Expected Accor split no quick fix for hotels | forbes.com

A break-up of French group Accor into hotels and pre-paid services should unlock hidden value for investors but will need time to prove its worth.Accor has been seriously mulling a demerger since August and is expected to take the plunge at a board meeting on Dec. 15. Executive chairman Gilles Pelisson has dropped his long-time opposition to such a move and bowed to pressure from big shareholders to consider separating hotels from meal...

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