
Round table, March 13th 2012
"Louvre Hotels is a group that has kept a real empathy with our investors because we are ourselves owners of a portion of the economic supply. We invest 60 million euros in our subsidiaries, we therefore know well the issues our investors have and we continue to be well informed. Since the purchase of Golden Tulip, we have the means to evolve more rapidly internationally via intelligent partnerships to accelerate our development."Didier Boidin VP Operations Northern Europe, IHG "The sale of our real estate is a good thing that was done at the right time. We are now looking for short term profitability, but our relationship with owners ask the question about the guarantees we can bring. In the upscale segment, the question is well known, and we could be made to put money on the table again. We also need to think about our brands. Our mistake from the past was to think that everything could be global."Sven Boinet CEO, Pierre & Vacances / Center Parcs "Ten years ago, there were two or three economic models to guarantee the development of a hotel group. Today, theremight be around ten more specific ones. The difficulty is to make them coexist together under the roof of the same company. This should not keep us from focusing mainly on the core of our business. The sustainable development aspect of the Pierre&Vacances- Center Parcs Group is a true pillar of the company, not just a passing trend."Yann Caillère President & COO, Accor "We are going towards a hybrid model that is going adapt to the market and local situations. We remain very "Asset Light" in the upscale segment, but we are not completely crossing out the creation of subsidiaries in economy segments...
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