Accor says no longer in race for Groupe du Louvre hotels | reuters.com

France's Accor said on Wednesday it was no longer in the running to buy the prestige hotels of Groupe du Louvre, a unit of U.S. investment group Starwood Capital. Accor's offer, which it made together with Franco-Dutch property group Unibail-Rodamco, "was not retained", an Accor spokeswoman told Reuters, without giving further details.