The announcement, by AccorHotels, of the acquisition of Mantra Group could give rise to a hotel giant on the Australian continent. The group led by Sébastien Bazin could even, subject to the agreement of competition authorities, reach a higher market share than they have in France. What would be their share, relative to the Australian market? And what are the other considerations?
The Australian hotel sector has been shaken up by the announcement that AccorHotels is to acquire Mantra Group. These two groups make up the two biggest suppliers of hotels in the country, AccorHotels with 33,046 rooms and Mantra Group with 15,205 rooms. Hotel accommodation in Australia has been...
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