RISMA Sells Stake in Accor Gestion Maroc and Focuses on Hotel Asset Portfolio Growth

2023-08-03 16:28:52

RISMA, a company listed on the Casablanca Stock Exchange, announces that it has sold its stake in Accor Gestion Maroc, of which it holds 33%, to Accor SA for an amount of 174 million dirhams.

Accor Gestion Maroc is the company that manages hotels bearing the Accor brands in Morocco.

The contracts between Accor Gestion Maroc and RISMA remain unchanged for the current hotel portfolio.

RISMA will also be able, in the future, to expand the range of hotel brands of its future hotels, in addition to the Accor brands, thus accelerating its growth and offering the most complete range of experiences to its customers.

RISMA thus confirms its strategy of sealing the functions of hotel owner and manager.

Indeed, RISMA, as a hotel owner and investor, wishes to focus on its core business and develop its portfolio of hotel assets.

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