May 4, 2017

AccorHotels global CEO Sebastien Bazin has described short-term renting platform Airbnb as a “formidable concept” in a speech to Australian hotel owners and investors. But the boss of Europe’s biggest hotel group – and the biggest accommodation operator in Australia – said he was also tapping into Airbnb territory, by acquiring a host of digital businesses and adapting its own business model to compete…

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