Accor To Sell Essendi Stake To Blackstone, Colony For €975M

By Dawood Fakhir ( July 24, 2026, 2:13 PM BST) -- Accor said Friday that it has agreed to sell its remaining 30.56% stake in Essendi to Blackstone Inc. and French investment firm Colony IM for up to €975 million ($1.1 billion), completing its exit from the European hotel operator....

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