👤 Person

Sébastien Bazin

💼 CEO of Accor
1 story · First covered Apr 3, 2026 · Latest 3h ago
Works at Accor
Sébastien Bazin Coverage
Accor's Ennismore IPO Filing Is a 525-Page Confession About Where the Money Actually Lives

Accor's Ennismore IPO Filing Is a 525-Page Confession About Where the Money Actually Lives

Accor just filed 525 pages with the SEC that reveal what anyone paying attention already suspected: Ennismore's lifestyle brands generate margins the legacy portfolio can only dream about. The question for every owner being pitched a lifestyle conversion is whether those margins belong to Accor or to you.