Sign up to newsletter

Magazine subscription

BBT July/August 2018
July/August 2018
For Business, Corporate Travel & Meeting Buyers & Arrangers

Accorhotels completes Mantra acquisition

Accorhotels and Mantra Group logos

Accorhotels has announced the completion of its £730 million acquisition of the Mantra Group.

The transaction was given the all-clear by competition authorities in March, with Accorhotels allowed to pursue the purchase of Australia’s largest hotel and resorts operator.

Mantra represents a portfolio of 127 properties across Australia, New Zealand, Indonesia and Hawaii and includes the Peppers, Mantra and Breakfree brands.

Accorhotels is now the sole stakeholder in the Mantra Group.

Add new comment