Accor's Bazin Is Excited About Europe, Pacific Markets

The video discusses Ackles property business, highlighting a 15% stake acquisition and its valuation. Sebastien Bazin, CEO, shares insights on global business performance, emphasizing strong growth in Europe, Asia Pacific, and other regions. The tourism industry is described as thriving, with demand outpacing supply. The sale of Hotel Invest is explored, noting its complexity due to diverse investors and legal entities. The company aims to adopt an asset-light strategy, similar to peers, by reducing real estate holdings while maintaining significant ownership to hedge against inflation.

What percentage stake is being considered for acquisition in Ackles property business?

• 20%

• 25%

• 10%

• 15%

Which region is NOT mentioned as performing strongly in the business portfolio?

• Middle East

• North America

• Asia Pacific

• Europe

What is the annual growth rate of travelers in the tourism industry?

• 3%

• 6%

• 5%

• 4%

What is the main reason for the delay in selling part of the business?

• Lack of interested buyers

• Complexity of the transaction

• Low valuation of the unit

• Regulatory issues

What strategy is the company adopting to manage its real estate assets?

• Expanding into new markets

• Acquiring more properties

• Going asset-light

• Focusing on residential properties