-
Inflation Breach and Bond Yields Spark Rate Hike Fears for December
-
Market Buzz: Meesho Stake Sale, Clean Max’s ₹50,000 Crore Investment and Corporate Updates
-
The 20 Most Shocking Documentaries Ranked: From Elizabeth Holmes to Man on Wire
-
Below Deck alumnus João Franco and brother arrested after fatal Turkey fight
-
Ole Miss inquiry expands after video and monkey-noise allegations
-
General Hospital actor Randall England dies at 75
-
Bunnie XO artwork taken down from Jelly Roll’s Nashville bar
-
London museum removes Russell Brand hair exhibit after rape conviction
-
Arlington sentinel rebukes Pete Hegseth entourage for laughter near memorial
-
Yella Beezy sentenced to life for arranging rapper Mo3’s murder
-
Late Late Show Line-Up Announced Featuring Nicola Coughlan and TJ Reid
-
Kylie Jenner employee describes closet ordeal and pepper-spray incident
-
Authorities to identify Montauk Mary and five other Long Island cold-case victims
-
Davante Adams injury deepens Los Angeles Rams receiver shortage
-
Barbie sequel negotiations stall over reported $25 million pay packages
-
João Franco’s earlier post draws attention after arrest over fatal Turkey brawl
-
Bath & Body Works launches buy-one-get-one-free candle offer
-
Nvidia Appoints Colette Kress as Interim CEO Following Jensen Huang’s Resignation
-
Calgary Chef Launches App to Connect Food Businesses with Non-Profits
-
Itlu Arjuna receives U/A certificate ahead of theatrical release
-
Palestinian Artist Masada Sabat Uses Oil Paint to Carry Homeland’s Story
-
Dhananjaya de Silva guides Sri Lanka to 221-4 against Pakistan
-
Niraj Kumar earns Los Angeles Olympic quota with 50m rifle bronze
-
Parents of Deceased Model Fight to Maintain $4 Million Judgment Against Shawne Merriman Associate
-
Delhi gold loses Rs 800 while silver falls Rs 5,000
-
India extends micro-credit guarantee plan for five years
-
Pradeep Antony, Smeha Manimegalai portray secret spouses in Mr & Mrs Office
-
Zelenskyy arrives in Dublin for meetings on Ukraine and peace efforts
-
Woman barred from every Greggs outlet after series of offences
-
Jury hears social-media image helped identify teen in Scarlett Faulkner case
-
Ketchup packets link suspect to break-in at Eddie Rocket’s restaurant
-
American Airlines passenger falls ill and vomits on three travellers
-
Energy Costs Push OECD Inflation Up to 4.5%
-
US Inflation Broadens as Fed Officials Consider Faster Rate Hikes
-
China's Singles' Day Exposes Persistent Consumer Caution
-
China's Trade Surplus Passes $1 Trillion as Technology Exports Surge
-
OPEC Says Oil Output Is Near Prewar Levels Despite Shipping Disruptions
-
Bank of England Raises Interest Rate to 4% as Energy Risks Intensify
-
US Adds 165,000 Jobs as Unemployment Falls to 4.1%
-
China's Factory Inflation Accelerates While Consumer Demand Stays Weak
-
Euro-Area Inflation Reaches 4% as Energy Prices Jump
-
Spain's General Strike Links Housing Crisis to Lost Purchasing Power
-
Irish police prepare for further hoax bomb threats after hundreds of schools targeted
-
Korea, Singapore and New Zealand Advance Green Trade Pact Talks
-
RBA Inflation Target Origins: Why Australia Chose a Range Over Zero
-
Ireland and Ukraine consider drone cooperation memorandum after Dublin talks
-
Sister recounts fatal machete attack as Irish murder trial continues
-
Professional Chefs Reveal Eight Prep Hacks for a Stress-Free Christmas
-
Georgia refrigeration company sues EPA after five-year HFC reprieve
Accor co-founder, who brought France US-style hotels, dies at 91
Gerard Pelisson, who co-founded Accor and turned the hotel group into a world leader, has died at 91 after a long illness, his family told AFP on Monday.
Pelisson created the Accor company together with business partner Paul Dubrule and grew it into the world's sixth-biggest hotel group with 5,400 hotels in 100 countries under the Novotel, Ibis, Sofitel, Mercure and Pullman brands.
Pelisson's studies at the Massachusetts Institute of Technology (MIT) and first job at IBM gave him valuable insights into US-style entrepreneurship.
He left IBM after developing a fascination with America's standardised model of hotel businesses, to start something similar in France.
"He was the prototype of an entrepreneur," said Accor's current CEO, Sebastien Bazin, crediting Pelisson and Dubrule with "reinventing the rules" of France's hotel sector and "putting it on a new course of international influence".
The Holiday Inn brand, in particular, got the two men's attention, with its hotels located on the edges of cities all with near-identical rooms -- at a time when the hospitality business in France was still far from being an industry.
Pelisson and Dubrule opened their first Novotel in 1967, built on a former beetroot field close to a motorway on the outskirts of Lille, in northern France, which became an instant success.
Within two years, they started two more, in the eastern city of Colmar and Marseille in the south. An Ibis hotel followed in 1974 in Bordeaux, in France's southwest, the starting point for a network of budget hotels first in France, and then across Europe.
Their company, SIEH, invested in Africa, the Middle East and the Americas, and became Accor in 1983.
Their disruptive marketing methods included campaigns such as "A room for 99 francs" (15 euros) at the low cost Formule1 chain, now known as hotelF1.
"We managed to create all the great projects because we were in agreement," Pelisson once said about the business couple.
Their biographer, Henry Lang, said the two men enjoyed "a great complicity and extraordinary mutual respect".
They also had "legendary shouting matches", he said, "but only ever in private".
Lang noted Pelisson could "lie through his teeth" during negotiations, "but it was always for the benefit of Accor". He always kept his word, the biographer added.
Pelisson and Dubrule left Accor's executive management in 1997 after an acquisition spree that began to weigh on the group's finances, but co-led the supervisory board until 2005.
Pelisson loved good food and in 1998 teamed up with celebrity chef Paul Bocuse to take over the cooking school that later became the Paul Bocuse Institute.
N.Fournier--BTB