Mantra Group has announced it has signed an agreement to be taken over by Accor. The deal will now go to share
holders.
The deal is subject to Australia’s Foreign Investment Review Board and Australian Competition and Consumer Commission approvals. Shareholders will vote on the scheme at a meeting currently expected to be held in March 2018.
I actually think this is a good move by Accor - it will certainly help me as Mantra have more holiday properties so it opens up options to use points for family holidays!
I love the leclub accor program but hope the program will be accepted at Mantra . They arent at the reffles swissotel and fairmont brands which is a pain
The reason why Leclub is not accepted yet is because of the difficulties merging between the 2 programs. There is great resistance from the other side as well because members often have bad feelings of Accor. It will happen eventually and many indications point to 2018 being the last year that the programs are separated. Also note that Accor is going through a reduction in elite members as there is a higher level of spend (number of nights stayed does not change) to around 5600 Euro's plus each year for platinum.
One would think Mantra should be much easier as was like when they purchased MIRVAC properties.
I am holding on 1 more year at plat but if no changes next year I will drop down as the level of attainment does not equal the benefits currently on offer.
The thing that annoys me about Le Club (and some other hotel programs) is that you only get the points etc if you book via their website. That excludes me (and many other travelers I suspect) as my employer uses a central booking system. So, I just avoid Accor hotels now unless there is no other choice. At least I get free wifi... woohoo!
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Accor to buy Mantra Group
brinkers
brinkers
Qantas - Qantas Frequent Flyer
Member since 16 Jun 2011
Total posts 233
Mantra Group has announced it has signed an agreement to be taken over by Accor. The deal will now go to share
holders.
The deal is subject to Australia’s Foreign Investment Review Board and Australian Competition and Consumer Commission approvals. Shareholders will vote on the scheme at a meeting currently expected to be held in March 2018.
Mantra has Pepper, Breakfree and Mantra...
markpk
markpk
Qantas - Qantas Frequent Flyer
Member since 29 Nov 2013
Total posts 456
I actually think this is a good move by Accor - it will certainly help me as Mantra have more holiday properties so it opens up options to use points for family holidays!
Dredgy
Dredgy
Qantas - Qantas Frequent Flyer
Member since 02 Apr 2017
Total posts 180
Since I still inexplicably get staff discounts at Accor properties - the more the merrier.
martyfromshep
martyfromshep
Qantas - Qantas Frequent Flyer
Member since 29 Jul 2015
Total posts 2
I love the leclub accor program but hope the program will be accepted at Mantra . They arent at the reffles swissotel and fairmont brands which is a pain
tris06
tris06
China Airlines - Dynasty Flyer
Member since 22 Sep 2012
Total posts 11
The reason why Leclub is not accepted yet is because of the difficulties merging between the 2 programs. There is great resistance from the other side as well because members often have bad feelings of Accor. It will happen eventually and many indications point to 2018 being the last year that the programs are separated. Also note that Accor is going through a reduction in elite members as there is a higher level of spend (number of nights stayed does not change) to around 5600 Euro's plus each year for platinum.
One would think Mantra should be much easier as was like when they purchased MIRVAC properties.
I am holding on 1 more year at plat but if no changes next year I will drop down as the level of attainment does not equal the benefits currently on offer.
Jazzop
Jazzop
Member since 02 Dec 2016
Total posts 114
The thing that annoys me about Le Club (and some other hotel programs) is that you only get the points etc if you book via their website. That excludes me (and many other travelers I suspect) as my employer uses a central booking system. So, I just avoid Accor hotels now unless there is no other choice. At least I get free wifi... woohoo!