Accor to Tap Banks for Hoxton Owner Ennismore’s US IPO

Accor SA has engaged investment banks, including Goldman Sachs, to arrange a potential US initial public offering for Ennismore Lifestyle Group Ltd. The French hotel group is moving forward with plans to spin out the unit. According to people familiar with the matter, these banks will facilitate the IPO process. This action aligns with Accor's strategy to separate the lifestyle brand from its core operations as it seeks a public listing on the US market.