Former French President Nicolas Sarkozy has been appointed as an independent director in the board of AccorHotels, the company said in a statement on Wednesday.
AccorHotels, which operates in 95 countries worldwide, is one of the world’s biggest travel and lifestyle groups, owning over 4 000 hotels, resorts and residences, as well as in over 3 500 luxury private homes.
Its brands include Sofitel, Pullman, Fairmont. Onefinestay, MGallery, Grand Mercure, Sebel, Swissôtel, Novotel, Suite Novotel. Mercure, Mama Shelter, ibis budget, Hotel F1 and Thalassa Sea & Spa.
The board of directors said Sarkozy has replaced Nadra Moussalem, who resigned following Colony Capital’s decision to sell its shareholding in Accor. Moussalem has been a director for 12 years.
Sarkozy will chair the International Strategy Committee which has been tasked to focus on the development of AccorHotels’ network and brand portfolio globally, and the promotion of French tourism.
This appointment reflects the ambition of the Group to pursue the implementation of its strategy and to promote both AccorHotels brands worldwide and the unrivalled French know-how in tourism, the Paris-based hotel chain said in a statement.
“I am glad to contribute to the development and the international reach of Accorhotels, one of France’s flagship companies. The group’s success and the quality of its management are outstanding assets, shaping AccorHotels into one of the leading showcases of the French economic landscape,” the former president, who failed to secure the reelection in 2012, said.
The fiery politician is facing a high-profile court case over the funding of his 2012 electoral campaign. The legal battle is said to have considerably damaged his presidential ambitions, and dented his political career.