Jean-Jacques Morin - Accor refines its strategy through a SPAC

Interview with Jean-Jacques Morin, Deputy CEO and CFO at Accor. A discussion with Vanguélis Panayotis, CEO MKG Consulting.

"What is a SPAC? It is an entity set up by investors who put money into it and charge a fee to help them decide what to invest in with the money they set aside.

What we are doing with SPAC is we are continuing to develop hospitality, which means we are looking at what is going to happen to our business, but we are not doing it with our balance sheet, we are doing it with the money that is put aside on SPAC."

https://hospitality-on.com/
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