US: Accor reportedly considers an Initial Public Offering (IPO) of its shares. lifestyle hospitality platform Ennismore.
Sharan Pasricha was the founder of this company. Ennismore More than 180 hotels are operated under 16 brands. The brands include The Hoxton 25hours Mama Shelter Hyde Morgans Originals and others.
In 2021 Accor The joint venture formed with Ennismore was completed a year later. sold a stake in the platform To a Qatari investor consortium. The deal was valued at over $2 billion when it happened.
According to an article by BloombergAccor is in discussion with advisors regarding the possible listing of Ennismore at the US stock exchange. The discussions are at an early stage and there is no guarantee that a deal will be made.
Ennismore has expanded its footprint in the US by signing locations for The Hoxton, a Nashville property, and a second location in Chicago.
Other brands in North America include Delano, Hyde Hoxton and Mama Shelter will be introduced in Mexico. Both Mama Shelter Mexico City as well as Mexico City, Hyde should open in the second half of this year.
Balfour Miami Beach is a hotel in Miami Beach. recently reopened under Morgans OriginalsDelano Miami Beach will also relaunch after renovations in late 2025.
Future global openings include the market debut of TRIBE and JO&JOE in New Zealand, scheduled to launch in Auckland this October and November respectively.
Highlights:
• Accor is considering a US IPO for its lifestyle hospitality platform Ennismore.
• Ennismore operates more than 180 hotels under 16 brands.
• The platform was valued at more than $2 billion in 2022.
• Recent US signings include The Hoxton in Nashville and a second site in Chicago.
• US openings include the Balfour Miami Beach a Morgan’s Original, with Delano Miami Beach due to relaunch in late 2025.
