Accor announces that it has sold its remaining stake in H World Group for $460 million.

The cumulative disposal value since 2019 amounts to $1.2 billion, compared with an initial investment of less than $200 million.

Following this transaction, Accor no longer holds any shares in the capital of H World Group.

The master-franchise agreement has enabled the opening of 450 budget and mid-range hotels in China, mainly under the ibis, Novotel and Mercure brands.

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