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AccorHotels announced a record year of development in Africa, beginning with the 50 percent stake in the Mantis Group in April, followed by the announcement in late July of a dedicated Investment Fund with a targeted reach of USD1 billion devoted towards sustainable development in Sub Sahara Africa. The journey continued with the acquisition of Mövenpick Hotels & Resorts in September.

EXUDING CULTURE AND STILL MAINTAINING DEEP LINKS TO ITS PAST, OMAN IS JUST AT THE BEGINNING

Passenger airline business in Kuwait will continue to grow. “[The] shareholder approval to adjust the company’s capital is the last step