Accor Chooses Goldman for Ennismore US IPO

Accor Selects Investment Banks for Potential US IPO of Ennismore

Accor SA announced that it has engaged a consortium of investment banks to arrange a prospective United States initial public offering of its hospitality subsidiary, Ennismore Lifestyle Group Ltd. Goldman Sachs Group Inc. will act as the lead arranger, while BNP Paribas SA, JPMorgan Chase & Co., and Societe Generale SA will serve as joint arrangers, according to sources familiar with the matter and reported by Bloomberg.

The offering could be launched as early as 2026, subject to market conditions and regulatory approvals. Ennismore, founded in 2011 by entrepreneur Sharan Pasricha, operates a portfolio of more than 200 lifestyle hotels, notably the The Hoxton and Mama Shelter brands. In 2021, Accor entered a joint‑venture arrangement with Ennismore, acquiring a 62% equity stake in the company.

This development signals Accor’s intent to monetize a portion of its hospitality assets through a U.S. listing, leveraging the expertise of leading global banks to structure and market the transaction.