French catering group Sodexo stated on Friday it had sealed a deal to offer the renowned Paris cabaret Le Lido de Paris to Europe’s largest hotel group Accor, verifying a media report.
“Sodexo confirms it reached a deal with Accor over strategies to sell Lido de Paris,” a Sodexo spokesperson said in an email to Reuters.
Additional information were not instantly readily available, ahead of a conference early next week with personnel representatives, the representative stated.
The price spent for Le Lido, a traveler hotspot located on the Champs Elysee opportunity, would be “symbolic” in view of the sector’s problems originating from the coronavirus pandemic, French daily Les Echos, which was first to report the deal, said previously.
Accor declined to comment.
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