Club des Actionnaires Master Thread
Sep 29, 2015, 8:00 pm
#376
Join Date: Jun 2014
Programs: Honors Diamond, Bonvoy Gold, Accor Gold, OW Emerald, SIXT Diamond
Posts: 833
Did anybody else get this?
Dear Sir/Madam,
Following recent changes to your AccorHotels loyalty programme advantages as a shareholder, we confirm that you can now view your new Le Club Accorhotels card on your online account at accorhotels.com.
In order to use your points, we kindly ask you to accept the General Conditions of Use by visiting your account, go to accorhotels.com:
1 Click on "Log in".
2 Then on "Le Club AccorHotels Membres First log in?"
3 Enter your family name and your email adress.
4 Click on "Validate".
You will receive an automatic welcome email. Click on the link inside the email and follow the instructions to validate the General Terms and Conditions of Le Club AccorHotels program.
• For all queries about your shareholder status, you can contact your “Shareholder Relations” department by telephone on 00 33 805 650 750 or by email at [email protected].
• For any information or queries about the loyalty programme, you can contact Accor Customer Service by telephone on 0800 026 0303 or online from your account using "Contact Us / Need help / How to contact us".
Thank you for your trust and let us know if we can be of further assistance.
See you soon at our hotels.
Individual Shareholder Relations teams
Dear Sir/Madam,
Following recent changes to your AccorHotels loyalty programme advantages as a shareholder, we confirm that you can now view your new Le Club Accorhotels card on your online account at accorhotels.com.
In order to use your points, we kindly ask you to accept the General Conditions of Use by visiting your account, go to accorhotels.com:
1 Click on "Log in".
2 Then on "Le Club AccorHotels Membres First log in?"
3 Enter your family name and your email adress.
4 Click on "Validate".
You will receive an automatic welcome email. Click on the link inside the email and follow the instructions to validate the General Terms and Conditions of Le Club AccorHotels program.
• For all queries about your shareholder status, you can contact your “Shareholder Relations” department by telephone on 00 33 805 650 750 or by email at [email protected].
• For any information or queries about the loyalty programme, you can contact Accor Customer Service by telephone on 0800 026 0303 or online from your account using "Contact Us / Need help / How to contact us".
Thank you for your trust and let us know if we can be of further assistance.
See you soon at our hotels.
Individual Shareholder Relations teams
Sep 30, 2015, 5:42 am
#377
Join Date: Jul 2007
Location: Berlin
Programs: BA Gold; Accor Plat; IHG Diamond-Amb; Meliá & HH & Marriott Gold
Posts: 5,450
Yes and I assumed it was a mistake (I've had similar emails in the past).
Unless you have recently signed up as a shareholder, without first opening a LCAH account, you should not have received this email. If you can still log into your existing account and it is (still) showing as Gold then you can probably ignore the email. (I sent a one line reply saying that it appeared to have been sent to me in error.)
On the other hand, if it appears that your existing account has become 'detached' from your CdA membership you'll need to contact Accor (Le Club and/or shareholder relations) to get things straightened out.
Unless you have recently signed up as a shareholder, without first opening a LCAH account, you should not have received this email. If you can still log into your existing account and it is (still) showing as Gold then you can probably ignore the email. (I sent a one line reply saying that it appeared to have been sent to me in error.)
On the other hand, if it appears that your existing account has become 'detached' from your CdA membership you'll need to contact Accor (Le Club and/or shareholder relations) to get things straightened out.
Nov 2, 2015, 12:51 am
#378
Join Date: Jun 2001
Location: Kailua Kona, HI , USA
Programs: AA Lifetime Gold, Marriott Titanium, Hyatt Globalist, Hilton Diamond, IHG Plat Amb
Posts: 264
Where are you based and which language(s) are you comfortable doing business in?
I've got an online brokerage account with DKB in Germany and can buy/sell Accor shares on seven or eight different exchanges.
In the UK I used to have a Halifax Share Dealing account and could access stock exchanges in New York and Europe (Paris, Frankfurt, Amsterdam, Milan, Brussels).
I'm sure there are many other options.
Prices can vary by 5% or more between exchanges and it's worth doing comparisons. Limit orders are essential protection against unfavourable prices in thin markets. Trading fees also vary widely: the last time we bought French shares it made sense to pay 50 EUR higher commission in order to buy in Paris and save 500 EUR on the share price.
You should also research and consider tax implications and requirements to report dividend income and/or brokerage accounts. I'm taxed in the US and the paperwork involved in owning "foreign" shares would not IMO be justified purely in order to own 50 Accor shares.
Mods: maybe this topic is worth splitting off into a separate thread in order to keep the FAQs concise?
I've got an online brokerage account with DKB in Germany and can buy/sell Accor shares on seven or eight different exchanges.
In the UK I used to have a Halifax Share Dealing account and could access stock exchanges in New York and Europe (Paris, Frankfurt, Amsterdam, Milan, Brussels).
I'm sure there are many other options.
Prices can vary by 5% or more between exchanges and it's worth doing comparisons. Limit orders are essential protection against unfavourable prices in thin markets. Trading fees also vary widely: the last time we bought French shares it made sense to pay 50 EUR higher commission in order to buy in Paris and save 500 EUR on the share price.
You should also research and consider tax implications and requirements to report dividend income and/or brokerage accounts. I'm taxed in the US and the paperwork involved in owning "foreign" shares would not IMO be justified purely in order to own 50 Accor shares.
Mods: maybe this topic is worth splitting off into a separate thread in order to keep the FAQs concise?
Nov 2, 2015, 8:06 am
#379
Join Date: Jul 2007
Location: Berlin
Programs: BA Gold; Accor Plat; IHG Diamond-Amb; Meliá & HH & Marriott Gold
Posts: 5,450
However... I don't see the point of buying either one Accor share or 50 simply to get Gold status. Platinum was a rather generous shareholder benefit, but Gold is very easy to earn and retain if you stay at Accor properties a few times a year and read this forum.
I would also expect Accor to remove or further dilute the benefit if they continue to see large numbers of people holding one share or 50 shares. So I really wouldn't bother.
If you already have a brokerage account and own shares then there's not a vast amount of additional paperwork or reporting, but if Accor is your first non-US holding there will be a couple of new things: foreign tax on dividends, possibility of capital gains on foreign exchange transactions.
I am not a lawyer, tax advisor, accountant or any other kind of financial professional.
Dec 29, 2015, 1:38 am
#381
Moderator, Turkish Airlines Miles&Smiles & Accor ALL
Join Date: Apr 2009
Location: BRU
Programs: TK*G, Accor ALL Platinum
Posts: 7,591
starflyergold
Le Club Accorhotels forum moderator
Dec 29, 2015, 3:50 am
#382
Join Date: Aug 2015
Location: Wellington/Jakarta
Programs: Accor+ Platinum, Honors Diamond, SPG/MR Gold, IHG, KrisFlyer, Airpoints, Qantas FF, Enrich, SkyMiles
Posts: 480
Dec 29, 2015, 7:50 pm
#384
Join Date: Jun 2014
Programs: Honors Diamond, Bonvoy Gold, Accor Gold, OW Emerald, SIXT Diamond
Posts: 833
Contact SOCIETE GENERALE directly (number listed in the Accor link), I used Skype, talked to the operator who emailed the forms (filled within 5 minutes) and faxed it (weird how they only accept fax) back to Societe Generale in France. I suggest buying at least 20 shares to make the international transaction fees worth it.
Just a heads up, I posted the same question here about a year back. Beware of touts who offer to do it for "cheap" ... I had FT members asking USD100 as "agent" fees !!
Jan 4, 2016, 12:32 am
#385
Join Date: Sep 2015
Programs: Accor Platinum, IHG DA
Posts: 664
Don't bother with a brokerage account. Follow Accor's own instructions on "How to Be a Shareholder" http://www.accorhotels-group.com/en/...areholder.html
Contact SOCIETE GENERALE directly (number listed in the Accor link), I used Skype, talked to the operator who emailed the forms (filled within 5 minutes) and faxed it (weird how they only accept fax) back to Societe Generale in France. I suggest buying at least 20 shares to make the international transaction fees worth it.
Just a heads up, I posted the same question here about a year back. Beware of touts who offer to do it for "cheap" ... I had FT members asking USD100 as "agent" fees !!
Contact SOCIETE GENERALE directly (number listed in the Accor link), I used Skype, talked to the operator who emailed the forms (filled within 5 minutes) and faxed it (weird how they only accept fax) back to Societe Generale in France. I suggest buying at least 20 shares to make the international transaction fees worth it.
Just a heads up, I posted the same question here about a year back. Beware of touts who offer to do it for "cheap" ... I had FT members asking USD100 as "agent" fees !!
when you fax back, did you attach the bank payment proof?
Jan 6, 2016, 5:09 am
#386
Join Date: Jun 2014
Programs: Honors Diamond, Bonvoy Gold, Accor Gold, OW Emerald, SIXT Diamond
Posts: 833
Feb 3, 2016, 9:44 am
#387
Join Date: Sep 2004
Posts: 23
How much were the fees through SocGen?
Feb 5, 2016, 8:12 pm
#389
Join Date: Jun 2014
Programs: Honors Diamond, Bonvoy Gold, Accor Gold, OW Emerald, SIXT Diamond
Posts: 833
Well for 1 share it's not a lot in euro, in % that's probably the worse investment you can make as fees are floored at 9Eur 
But if you only want it for the status you can try the solution of Wantan because with a brokerage account you will probably have annual fees + a fee to register your position to Accor books (around 20eur depending on your broker). Cons it seems that you wont be able to trade anything else than Accor share (but I might be wrong)
Wantan, I am a bit curious of how it works. Did you open an account on SG ? If you want to sold your position or transfer your dividends do you have to do it by phone ? Is it really simplier than using a classic brokerage account ?
But if you only want it for the status you can try the solution of Wantan because with a brokerage account you will probably have annual fees + a fee to register your position to Accor books (around 20eur depending on your broker). Cons it seems that you wont be able to trade anything else than Accor share (but I might be wrong)Wantan, I am a bit curious of how it works. Did you open an account on SG ? If you want to sold your position or transfer your dividends do you have to do it by phone ? Is it really simplier than using a classic brokerage account ?
haven't bothered to login to my SocGen account, so unsure what can be done on that side.
As above, no idea how to sell the shares, but I've more than recouped the "investment" through Lounge benefits, bfast and suite upgrades
(as Plat)
Feb 16, 2016, 3:14 am
#390
Join Date: Feb 2016
Location: HEL
Programs: AY Platinum, LH, Accor, IHG, Scandic, Tallink
Posts: 162
I will return to the previously discussed topic: maintaining the CdA Gold status. (message #361 onwards)
I'm considering buying some Accor shares, but I'm still unsure whether the Gold card is just a one-time benefit for the first year, or would I keep at least the gold status as long as I own the shares (regardless the points/nights accumulated)? The terms and conditions of Accor Shareholders Club are really inconsistent, as pointed out earlier.
I'm considering buying some Accor shares, but I'm still unsure whether the Gold card is just a one-time benefit for the first year, or would I keep at least the gold status as long as I own the shares (regardless the points/nights accumulated)? The terms and conditions of Accor Shareholders Club are really inconsistent, as pointed out earlier.
However...: uncertainty arises when we note that this wording is copied from the general Le Club terms and conditions section on status. Other Accor web pages mentioning the CdA Gold card benefit do not say that it's a one-off benefit. (They don't say it isn't, either, but that's the way most people would probably read it.)