AccorHotels Is Still Struggling to Make Onefinestay and John Paul Profitable

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A California listing from Onefinestay. Parent company AccorHotels wrote off $288 million for Onefinestay and John Paul in the previous quarter. Facebook

Skift Take: The first step to making things right is to admit things are wrong, followed by figuring out how to make things right again. At this point, we're not sure we know how AccorHotels wants to fix its problems with Onefinestay and John Paul, but at least it admits something is wrong.

— Deanna Ting

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