Locked content Accor launches tender offer for 47.31% stake in Orbis

The majority shareholder of WSE-listed hotel operator Orbis, AccorHotels, is launching a tender offer for 21.8 million shares representing a 47.31 percent stake at PLN 87 apiece. If the tender is successful, AccorHotels will control 100 percent shares and plans to delist the company. “The proposed t...

Ibis Styles hotel to open in Nowy Targ in 2019

Warsaw Stock Exchange-listed hospitality company Orbis Hotel Group, which is majority-owned by AccorHotels, has signed a franchise agreement regarding the opening of an ibis Styles-branded hotel in Nowy Targ in southern Poland. The hotel will include 106 rooms, a restaurant, a swimming pool and over...