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External Article Markets & Performance

After Accor acquisition, Movenpick CEO Olivier Chavy steps down

France's AccorHotels has confirmed today that the company has officially acquired Mövenpick Hotels & Resorts for 482 million Euros ($559 million). CEO and president Mövenpick Hotels & Resorts Olivier Chavy has revealed on his personal LinkedIn page that he has stepped down from his role starting immediately.

Mövenpick
Switzerland

France's AccorHotels has confirmed today that the company has officially acquired Mövenpick Hotels & Resorts for 482 million Euros ($559 million). CEO and president Mövenpick Hotels & Resorts Olivier Chavy has revealed on his personal LinkedIn page that he has stepped down from his role starting immediately.

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Markets & Performance Markets & Performance Europe Switzerland
Mövenpick
Hotel Group

Mövenpick Hotels & Resorts, an international upscale hotel management company with over 16,000 staff members, is represented in 24 countries with 80 hotels, resorts and Nile cruisers currently in operation. More than 30 properties are planned or under construction, including Chiang Mai and Koh Samui (Thailand), Palawan (Philippines), Sanya (Hainan Island, China) and Djerba (Tunisia).