Accor to Sell 30.56% Stake in Essendi to Blackstone-Led Consortium for Up to €975 Million

Accor has signed an MoU to sell its 30.56% stake in Essendi (formerly AccorInvest) to a consortium led by Blackstone and Colony Investment Management for consideration of up to €975 million, including €675 million at closing and a potential earn-out. The transaction is expected to close in the third quarter of 2026, subject to regulatory approvals and final shareholder agreement terms, as Essendi’s hotel portfolio is gradually converted into franchise contracts.