An Extraordinary Shareholders’ Meeting, chaired by Sébastien Bazin, Chairman and Chief Executive Officer of AccorHotels, was held today at the Group’s head office.
Quorum was established at 74.43%.
A 99.67% majority of shareholders approved the resolution for the asset contribution by way of spin-off, governed by the laws on demergers, from the Company to AccorInvest.
This approval marks a new step in Project Booster. Shareholders will meet again at a General Assembly in the second half of 2017 to decide on the opening of AccorInvest capital to investors.
AccorInvest’s business will have 960 owned and leased hotels, comprising more than 130,000 guest rooms, most of which are in Europe. The gross asset value of these properties is €6.6 billion