Accor Board Votes to Split Into 2 Companies | wsj.com
French hotels and services company Accor SA's board of directors Tuesday voted to split the company into two separate, listed companies -- one focusing on hotels, the other on vouchers -- ending years of speculation and pressure from some shareholders. A wide majority of the 12-member board of the world's second-largest hotels group in terms of market capitalization after U.S.-based Marriott International Inc., which met for most of the day Tuesday, voted in favor of the plans, with one vote opposed.
