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-   -   AccorHotels looks at taking stake in Air France-KLM (https://www.flyertalk.com/forum/accor-all-accor-live-limitless/1912525-accorhotels-looks-taking-stake-air-france-klm.html)

ContinentalVoyager7 Jun 3, 2018 9:55 pm

AccorHotels looks at taking stake in Air France-KLM
 
http://www.reuters.com/article/us-fr...-idUSKCN1IZ0TI

Interesting news coming from Reuters!

gilbertaue Jun 3, 2018 11:02 pm

How many points for a 1st Class rountrip SIN-CDG-SIN? :D

Goldorak Jun 3, 2018 11:34 pm

This has been announced yesterday evening in the AF forum of FT. For those of you who speak French, here is a more detailed article from Les Échos :
https://www.lesechos.fr/industrie-se...at-2180829.php

ContinentalVoyager7 Jun 3, 2018 11:36 pm


Originally Posted by gilbertaue (Post 29825767)
How many points for a 1st Class rountrip SIN-CDG-SIN? :D

Hmm, just a mere 600,000 LeClub Rewards Point. That gets you round trip tickets in La Première with Sofitel MyBed accessories :D

starflyergold Jun 4, 2018 5:19 am

This really takes the biscuit, why on earth would they want to do this? Ridiculous!

ajeleonard Jun 4, 2018 5:24 am


Originally Posted by starflyergold (Post 29826413)
This really takes the biscuit, why on earth would they want to do this? Ridiculous!

Shares down 6%, seems other agree

3544quebec Jun 4, 2018 5:51 am

They have devoured every other hotel company in the universe and they are still hungry

kaizen7 Jun 4, 2018 6:37 am

Accorfrance .... first flying hotel 😂

tris06 Jun 4, 2018 6:49 am

Seems they are crazy to want to get into the airline ownership. Is there really any value to take a minority holdings?

KLflyerRalph Jun 4, 2018 11:43 am

Can we expect Sofitel bedding on Air France KLM flights? ;)

JTCz Jun 4, 2018 1:07 pm


some analysts questioned the logic of a stake purchase.
You don't say!


AccorHotels’ board of directors contains former French President Nicolas Sarkozy, potentially a useful presence for any talks with the government over Air France KLM.
Yes, because he speaks a SECRET LANGUAGE, called Presidentiais!

BTW, I did not realize he sits on Accor's board. Suddenly, I do not feel like booking an Accor Hotel... :/

Goldorak Jun 4, 2018 1:13 pm


Originally Posted by KLflyerRalph (Post 29827763)
Can we expect Sofitel bedding on Air France KLM flights? ;)

Already the case in AF P class, the best in the world ! :)

tenn_ace Jun 4, 2018 4:49 pm

Dumb. Barely any coverage of 2 most popular traveller destinations - USA and Japan - and they are buying a steak in an airline. What exactly has the management been smoking? I want that too...

gilbertaue Jun 4, 2018 6:18 pm


Originally Posted by tenn_ace (Post 29829022)
Dumb. Barely any coverage of 2 most popular traveller destinations - USA and Japan - and they are buying a steak in an airline. What exactly has the management been smoking? I want that too...

They must be smoking Moutarde de Dijon... but I digress...

nrouxel Jun 6, 2018 12:40 am

from the Financial Times :
"If Accor were to buy the state’s stake in Air France-KLM, the French government could receive a 3 per cent stake in Accor as a result of a share swap. This would make Accor less vulnerable to a hostile takeover, with Chinese rivals circling the group, according to bankers".


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