Consolidation in the hospitality world is continuing unabated with the latest news being ACCOR’s AUD$1.2 billion play on Australia’s Mantra Group.

Mantra has 125 properties with over 20,000 rooms with the core offering being focused down under.

Brands include the Mantra namesake, Breakfree and the upscale Peppers.

The deal is going to due diligence and subject to board approval, and regulatory measures but pending any hiccups it looks set to prosper.

Asia Pacific’s chain profile of hotel operator’s looks to narrow further and one has to wonder where will it all end?

Official AccorHotels announcement: AccorHotels signs an agreement to acquire Mantra Group Limited.

About C9 Hotelworks
C9 Hotelworks is led by founder and Managing Director Bill Barnett, who brings over 30 years' experience in the Asian hospitality and real estate sectors. Prior to founding C9 in 2003, Bill held senior executive roles in hotel operations, development and asset management. He is considered to be a leading global authority on hotel residences, and has sat at almost every seat around the hospitality and real estate table. Bill promotes industry insight through regular conference presentations at key events and contributes to numerous industry publications. www.c9hotelworks.com