sector. At its inception, the combined entity will comprise 12 brands with 73 hotels in operation worldwide and will take the name Ennismore. Closing occurred 4 October 2021. The company announced its strategic plan to focus on lifestyle hospitality. In 2021, Accor sealed a partnership with Faena, a company specialized in lifestyle design, introduced the SPAC Accor Acquisition Company (AAC) on the Paris stock exchange, raising 300 million euros to lead investments in hotel-related businesses, sold a 1.5% share in the Chinese hotel management company Huazhu, and invested in the Indian tech hospitality company Treebo. In October 2021, Qatar's Supreme Committee for Delivery & Legacy had signed an agreement with Accor to manage World Cup fan accommodation during the 2022 FIFA World Cup. According to the agreement Accor will provide staff to manage and operate more than 60,000 rooms in apartments and villas. In September 2021, Accor unveiled its partnership with the carmaker Citroën and the outdoor media company JCDecaux to test urban autonomous cars. Company Description Accor is a French multinational hospitality company that owns, manages, and franchises hotels, resorts, and vacation properties. It is the single largest hospitality company in Europe and the sixth-largest worldwide. Accor also operates a network of co-working offices located in its hotels and as standalone locations under the Wojo brand. Accor operates 5,298 locations in over 110 countries, and has over 260,00 employees worldwide. Its total capacity is approximately 777,714 rooms. Luxury (Raffles, Fairmont, Sofitel,...), premium (MGallery, Pullman, Swissôtel,...), midscale (Novotel, Mercure, Adagio,...) and economy (ibis, hotelF1,...). Company and event organization (onefinestay, D-Edge, ResDiary, John Paul, Potel & Chabot,...). The company is headquartered in Issy-les-Moulineaux, France, and is a constituent of the CAC Next 20 index in the Paris stock exchange. Brands Financial results Management Board of directors as of January 2022: Sébastien Bazin (chairman and CEO since 2013) Iris Knobloch (vice-chairman since 2016) Aziz Aluthman Fakhroo (director representing the Qatar Investment Authority since 2016) Sheikh Nawaf Bin Jassim Bin Jabor Al-Thani (director representing the Qatar Investment Authority since 2017) Nicolas Sarkozy (independent director since 2017) See also Accor Stadium Accor Arena References External links Company data on Forbes CAC Next 20 Companies based in Paris Companies listed on Euronext Paris Companies listed on the London Stock Exchange French brands French companies established in 1967 Hospitality companies established in 1967 Hospitality companies of France Hospitality companies Multinational companies headquartered in France