Chairman & CEO Accor. A report in Le Figaro suggested that Accor CEO Sébastien Bazin had created a team to look at a merger in early June, with the support of the company’s board, alongside CFO Jean-Jacques Morin, and the investment banks Centerview and Rothschild. Photo Credit: Accor CEO Sebastien Bazin says a recent corporate overhaul has less to do with the pandemic and more to do with the final stage of … Sebastien talks about safety and family. One thing is sure—Accor must continue its transformation toward an “asset-light” model to become more agile, closer to the field and strengthen its … Partnering with Ennismore's founder Sharan and his great teams will take our … Accor CEO Sébastien Bazin said the practice will stop as hotels are realising deep discounts do not increase demand. Accor is also positioning itself as a key actor in the hotel sector , in order to prepare for the rebound, with great energy. Sébastien Bazin presents the Group’s half-year results and underlines the learnings we can take from this period as we move forward. Sebastien Bazin, chief executive officer of French hotel group Accor SA , painted the most honest portrait of what it looks like to be an hotelier today. Discounts on hotel room rates "never pay off", and instead lead to a "blood bath" in the industry, according to the CEO of global hotel giant Accor. Accor is also positioning itself as a key actor in the hotel sector , in order to prepare for the rebound, with great energy. The cash equivalent will also be contributed to the Fund. Accor Sébastien Bazin released the above video on Twitter yesterday that has been shortened/modified at several parts based on the visible cuts. As the health crisis we have been experiencing for the past few months stabilizes and the world gradually relaxes its lockdown measures, Sébastien Bazin once again wanted to address all the Group's employees, clients, partners and owners. By continuing to browse this site, you accept the use of cookies for the purpose of analyzing and measuring the traffic, frequency and browsing, defining services and offers customized to your personal interests and as well as sharing with or redirecting to third party sites, in particular social networks. Accor’s reservation cancellation policies in light of the coronavirus, however, are lacking, and don’t support his message. Sébastien Bazin renews his deep commitment to them and comes back to the essential role of the "ALL Heartist Fund" to help the most severely affected individuals. Bazin said that his company is embracing co-working in its hotels in Europe. The future remains uncertain and many questions remain unanswered, but Sébastien Bazin insists: it is up to us, together, to act to answer them, to define them according to what really matters. Accor uses cookies on its website. Accor uses cookies on its website. Accor Sébastien Bazin released the above video on Twitter yesterday that has been shortened/modified at several parts based on the visible cuts. Thanks to Bazin’s drive—he says he spends 260 nights a year on the road—Accor is on track to manage more than 5,000 hotels by the end of this year, up … As the world is facing an unprecedented health crisis that is having massive and unique impacts on the tourism industry, the Group has just published its first-quarter 2020 revenue down 17% as reported - expected results due to the spread of the epidemic and the enforced lockdown. By continuing to browse this site, you accept the use of cookies for the purpose of analyzing and measuring the traffic, frequency and browsing, defining services and offers customized to your personal interests and as well as sharing with or redirecting to third party sites, in particular social networks. Accor CEO Sebastien Bazin said UAE carriers Emirates airline and Etihad Airways will play a key role in preventing a slowdown in Dubai hospitality following the Expo 2020. Press Release 18 May 2020 New Message from Sébastien Bazin, CEO Accor As the health crisis we have been experiencing for the past few … […] They’re waiting for us. Bazin is transforming Accor such that it is a player, not a bystander, in the new economy. Sébastien Bazin. Sébastien Bazin said the younger generation are driven by social responsibilities and sustainable development instead. Adding to that fact are AccorHotels’ nearly 300,000 employees around the world, many of whom come from diverse backgrounds and cover multiple generations. Sébastien Bazin said the younger generation are driven by social responsibilities and sustainable development instead. Sébastien Bazin (182940666)'s profile on Myspace, the place where people come to connect, discover, and share. ... guests, suppliers, partners and host communities,” said Sébastien Bazin, chairman/CEO, Accor. The future remains uncertain and many questions remain unanswered, but Sébastien Bazin insists: it is up to us, together, to act to answer them, to define them according to what really matters. We would like to show you a description here but the site won’t allow us. Millennials are less interested in loyalty programmes’ points and price reductions when compared to older generations, according to the … Sébastien Bazin salutes and applauds the Group's ability to organize, listen and take action, as well as that of our teams and partners around the world. – Sébastien Bazin, CEO, AccorHotels Leading one of the largest hospitality groups in the world, especially one known for its innovation, comes with its own set of challenges. He speaks on "Bloomberg Daybreak: Europe." Chairman & CEO Accor. Mr. Sébastien M. Bazin is an Independent Director at General Electric Co., a Chairman at Théâtre du Châtelet, a Chairman & Chief Executive Officer at Accor SA, a Managing Director at Colony Europe, a Chairman at Bazeo Europe SAS, a Legal Manager at Rohan SARL, a Managing Partner at Bazeo Invest SNC, a Managing Partner at Haute Roche and a Managing Partner at Nina SCI. Accor’s reservation cancellation policies in light of the coronavirus, however, are lacking, and don’t support his message. Accor Chairman and CEO Sebastien Bazin discusses expansion plans and performance of the company. Since the beginning of the Covid-19 crisis, Accor has been mobilizing to protect its business and support its employees and partners, notably with the creation of the ". The cash equivalent will also be contributed to the Fund. Learn more about their latest progress. From his office at the international headquarters (Issy Les Moulineaux) in France, where the progressive deconfinement began on May 11th, Sébastien Bazin looks back over the last 60 days and the lessons we can learn from it. Sébastien Bazin salutes and applauds the Group's ability to organize, listen and take action, as well as that of our teams and partners around the world. Bazin said that pillars two and three would be 15 percent of AccorHotels' core business in the future. A senior executive at US transport and defence infrastructure company Cubic, Ian Woodroofe, has notched up a business trip “probably every week” — often The current crisis invites us to reinvent ourselves and review our priorities in order to refocus on the essentials . Additionally, Sebastien Bazin, Chairman and CEO of Accor, will forego 25% of his compensation during the crisis. Learn more about their latest progress. (Source: Bloomberg) Follow IHIF 2017 on Twitter @IHIF_News and use #IHIF2017 to stay up to date with the latest news from the leading annual meeting place for the industry. By continuing to browse this site, you accept the use of cookies for the purpose of analyzing and measuring the traffic, frequency and browsing, defining services and offers customized to your personal interests and as well as sharing with or redirecting to third party sites, in particular social networks. The current crisis invites us to reinvent ourselves and review our priorities in order to refocus on the essentials . Accor will never be a spectator of its own world: Accor is an actor, more so than ever, in 110 countries. Accor to Eliminate Single-use Plastics by 2022 . He is the chairman and chief executive officer of AccorHotels (Euronext: AC; LSE: 0H59).As CEO of Accor, he has committed to the UN's HeForShe campaign that seeks to promote women's and men's rights by pledging to reach parity in pay and equality between genders by 2020. Sébastien Bazin, Chairman & CEO, Accor said of the initiative: “We are aware of the significant impact we have on our planet and our responsibility to create tangible benefits for our employees, guests, suppliers, partners and host communities. Sébastien Bazin, Chairman and CEO of Accor, commented: “Welcoming, protecting and taking care of others is at the very heart of what we do. En 10 jours, 75% des 300.000 collaborateurs du groupe Accor ont cessé de travailler. Twitter Facebook LinkedIn Email. Sebastien talks about safety and family. IMPACT Commitments Drive towards parity in pay and representation of women. Accor is making a truly revolutionary contribution to gender equality, committing to decrease the pay gap for France headquarters, France operations, Spain and Brazil by 2017. An oversupply in Dubai’s hotel market will be fully absorbed after Expo 2020 Dubai, according to the CEO of French international hotel group Accor. “We have empty square meters of hotel space between 9:30 in the morning and 7 p.m.,” he said. Sébastien Bazin, Chairman and CEO of Accor, commented: “Welcoming, protecting and taking care of others is at the very heart of what we do. Sébastien Bazin. Millennials are less interested in loyalty programmes’ points and price reductions when compared to older generations, according to the … Accor is making a truly revolutionary contribution to gender equality, committing to decrease the pay gap for France headquarters, France operations, Spain and Brazil by 2017. Sébastien Bazin, chairman and CEO of Accor, added: "Lifestyle, entertainment, places with a soul have been at the heart of our development and growth strategy over the last years. Sébastien Bazin delivers a message of hope and solidarity to all the Group's employees, partners and owners: despite the crisis, Accor is maintaining solid financials and is preparing for the rebound. By continuing to browse this site, you accept the use of cookies for the purpose of analyzing and measuring the traffic, frequency and browsing, defining services and offers customized to your personal interests and as well as sharing with or redirecting to third party sites, in particular social networks. IMPACT Commitments Drive towards parity in pay and representation of women. Private home rentals, for example, are now big business and a … En 10 jours, 75% des 300.000 collaborateurs du groupe Accor ont cessé de travailler. For nearly a decade, Sébastien Bazin agitated for change at Accor as the representative of the French hotel group's biggest shareholder. Sébastien Bazin renews his deep commitment to them and comes back to the essential role of the "ALL Heartist Fund" to help the most severely affected individuals. Bazin did not indicate in the memo if the restructuring was tied to a previously announced $235 million cost savings plan. 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