2022---painful-reorganization-at-accorinvest Instant

This reorganization eventually led to a total rebranding of the company to Essendi in 2025, signaling its final independence from the Accor Group , which plans to exit its remaining 30% stake by 2026. Hotel Owner And Operator AccorInvest Group Assign

: To reduce leverage, AccorInvest committed to a €1.144 billion asset disposal plan , which was later upgraded to €1.7 billion to recalibrate its portfolio toward more profitable owned hotels in Europe. 2022: The Road to Recovery 2022---painful-reorganization-at-AccorInvest

: Revenue per available room (RevPAR) returned to pre-pandemic levels by June 2022, fueled by a strong recovery in European domestic travel. This reorganization eventually led to a total rebranding

In July 2020, AccorInvest launched a transformation plan aimed at securing its financial future after turnover dropped by 70% during the pandemic. Key elements included: In July 2020, AccorInvest launched a transformation plan

: The plan involved renegotiating nearly €4 billion in debt with banks and securing a €477 million state-guaranteed loan (PGE).

By mid-2022, AccorInvest began emerging from what CEO Gilles Clavié described as "two years of purgatory".