Accor sells Essendi stake to Blackstone and Colony
- Location
- Paris · 🇫🇷 France / USA
- Sector
- Services
- Organisations
- Blackstone und Colony IM (Konsortium) ↔ Essendi (vormals AccorInvest), 30,56 % von Accor
- Transaction
- Stake sale (addendum; EU clearance 19 Oct 2026)
- Volume
- up to €975m (€675m at closing plus earn-out of up to €300m)
- Status
- announced
Accor is selling its 30.56% stake in Essendi (formerly AccorInvest) for up to €975m to a consortium of Blackstone and Colony IM; the hotels are to move gradually to 20-year franchise contracts and stay under Accor brands, and Accor plans to return most of the proceeds through an additional €500m share buyback. Completion had been expected in Q3 2026. Update (19 October 2026): the European Commission cleared the acquisition of sole control of Essendi and its hotel portfolio under the simplified procedure (Hospitality Investor, 2 April 2026; European Commission, 19 October 2026). Addendum: not previously tracked.
Source: hospitalityinvestor.com ↗ · Archived copy ↗
Further sources: ec.europa.eu ↗ (Archived copy ↗)
Evidence: 2 independent sources · How well sourced is Eurotrack?