2022---painful-reorganization-at-accorinvest ❲EASY ◉❳

: The plan involved renegotiating nearly €4 billion in debt with banks and securing a €477 million state-guaranteed loan (PGE).

: By late 2022, the group had completed nearly half of its planned asset sales, focusing on offloading non-strategic, less-profitable leased properties. Long-term Outcome 2022---painful-reorganization-at-AccorInvest

In July 2020, AccorInvest launched a transformation plan aimed at securing its financial future after turnover dropped by 70% during the pandemic. Key elements included: : The plan involved renegotiating nearly €4 billion

: In the first half of 2022, the group returned to positive earnings (EBITDA). focusing on offloading non-strategic