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AccorHotels looks at taking stake in Air France-KLM
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How many points for a 1st Class rountrip SIN-CDG-SIN? :D
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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 |
Originally Posted by gilbertaue
(Post 29825767)
How many points for a 1st Class rountrip SIN-CDG-SIN? :D
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This really takes the biscuit, why on earth would they want to do this? Ridiculous!
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Originally Posted by starflyergold
(Post 29826413)
This really takes the biscuit, why on earth would they want to do this? Ridiculous!
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They have devoured every other hotel company in the universe and they are still hungry
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Accorfrance .... first flying hotel 😂 |
Seems they are crazy to want to get into the airline ownership. Is there really any value to take a minority holdings?
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Can we expect Sofitel bedding on Air France KLM flights? ;)
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some analysts questioned the logic of a stake purchase. AccorHotels’ board of directors contains former French President Nicolas Sarkozy, potentially a useful presence for any talks with the government over Air France KLM. BTW, I did not realize he sits on Accor's board. Suddenly, I do not feel like booking an Accor Hotel... :/ |
Originally Posted by KLflyerRalph
(Post 29827763)
Can we expect Sofitel bedding on Air France KLM flights? ;)
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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... |
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... |
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". |
Originally Posted by nrouxel
(Post 29834287)
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". |
It is interesting how the Accor CEO says "I" and "me" instead of "we". HE wants to be BIG. Doesn't matter how profitable or not.
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Accor, with one of the worst, most bug-ridden travel web sites in the world, has "a view to developing joint digital projects"? Doesn't Air France-KLM have enough problems already?
(press release) |
Originally Posted by Kremmen
(Post 29843678)
Accor, with one of the worst, most bug-ridden travel web sites in the world, has "a view to developing joint digital projects"? Doesn't Air France-KLM have enough problems already?
(press release) |
Originally Posted by kaizen7
(Post 29856407)
maybe, by developing "joint digital project" together, the bugs in accor, klm, and airfrance will be aligned and users for those 3 sites will have easier time as they will be facing familiar bugs.
BTW, KLM has an absolutely splendid digital team, I would hate for them to fall victim to Accor's IT. |
The pipe dream is over....
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