 Bloomberg |
Accor to Sell Motel 6 Chain to Blackstone Fund for $1.9 Billion
Bloomberg Accor SA (AC), Europe's largest hotel operator, agreed to sell its US budget hotel chain Motel 6 to a fund managed by Blackstone Group LP (BX) for $1.9 billion, enabling the French company to cut its debt and focus on more profitable businesses. Accor to sell Motel 6 to Blackstone for $1.9 bln Accor to sell Motel 6 to Blackstone for $1.9B Accor sells budget US hotels to Blackstone for $1.9 bn |
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