French hotel firm Accor has raised its earnings outlook for full-year 2025 and is considering spinning off its its lifestyle hotel and restaurant division Ennismore as a separate publicly listed company.
On a third-quarter earnings conference call Friday, Group Chief Financial Officer Martine Gerow said Accor’s board of directors have unanimously approved this possibility, which she added “would enhance liquidity for minority shareholders and provide additional flexibility to support Ennismore’s growth platform.”
