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Fairmont Monte-Carlo

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Address
12 Avenue des Spélugues, MONTE CARLO, MONACOMAP
Contact
+37793506500
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Accor Decides Not Exercise Option To Buy Up To 10% Of Banyan Tree

LoyaltyLobby by John Ollila|Jun 20, 2018

Accor purchased 5% of Singapore based Banyan Tree hotel chain back in 2016 (read more here) with an option to up the stake to 10%. Banyan Tree issued a press release yesterday that Accor had decided not to exercise that option.  Here’s an excerpt from the Business Times (access their piece here): The option was […]

Le Club AccorHotels Platinum Qualification Package & Gift 2018

LoyaltyLobby by John Ollila|Jun 9, 2018

A LoyaltyLobby reader sent me an email with pictures of the Platinum members package that he had just received from Le Club AccorHotels after requalifying for the Platinum status through December 2019 and it came with a gift! Late last year, Le Club AccorHotels sent out a Moleskine notebook (read more here) for those that […]

AccorHotels Considering Minority Stake In Air France-KLM

One Mile at a Time by lucky|Jun 5, 2018

We've seen quite a few acquisitions the past few years in the travel space, and we've also seen some strategic investments. However, typically we see airlines investing in airlines, and hotels investing in hotels. This situation is different. Reuters is reporting that AccorHotels is considering buying a minority stake in Air France-KLM. AccorHotels has confirmed their interest in a statement, saying that they may buy some or all of the French state's 14.3% stake in Air France-KLM. This could come in the form of the French government selling some or all of their shares in the company, or even potentially swapping their Air France-KLM shares for some shares in AccorHotels. Air France-KLM shares are up about 6% following the news, while AccorHotels shares are down about 7%, which I think is pretty reflective of the general sentiment regarding a deal like this.

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LoyaltyLobby | Jun 8, 2018
Fairmont & Swissotel have both launched Stay Longer Save More-sale for stays this Summer through September 4, 2018. Members can save from anywhere 10% to 40% depending on the property and their stay length. You can access the Fairmont sale here and the Swissotel one here. Here are the participating hotels: Fairmont Swissotel Conclusion You […]

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Fairmont Monte-Carlo
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