16 OCTOBER 2017
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Australia is set for a new look to its hospitality sector with the takeover by the French multinational chain AccorHotels of one of the country’s largest hotel and resort operators, Mantra Group.
Accor chairman and CEO Sébastien Bazin said: “This operation underpins our long-term growth in Asia Pacific, offering additional accommodation formats and a strong customer base to complement our portfolio.”
Mantra chairman Peter Bush added: “AccorHotels is one of the world’s leading hotel operators while Mantra’s expertise in apartments and resorts is complementary to Accor operations in Australia and New Zealand.
“The combined business will be an important part of Australia’s strong and growing travel market and its customers will benefit from the market leading expertise of both groups”.
The Mantra portfolio has 127 properties and more than 20,000 rooms in hotels, resorts and serviced apartments across Australia, New Zealand, Indonesia and Hawaii.
The group operates three key brands: Peppers, with 28 properties, Mantra (75) and BreakFree (24). Mantra also manages core accommodation services including guest relations and reception areas.
Other interests for the group, which has more than 5,500 staff, include restaurants and bars, conference and function centres, pool and entertainment facilities, and offices.
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