Advertisement
UK markets open in 1 hour 40 minutes

  • NIKKEI 225

    38,411.05
    +858.89 (+2.29%)
     

  • HANG SENG

    17,134.28
    +305.35 (+1.81%)
     

  • CRUDE OIL

    83.48
    +0.12 (+0.14%)
     

  • GOLD FUTURES

    2,337.90
    -4.20 (-0.18%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,711.39
    +459.05 (+0.86%)
     

  • CMC Crypto 200

    1,444.59
    +29.83 (+2.11%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

AccorHotels buys luxury home rentals company onefinestay

Reuters - UK Focus

PARIS, April 5 (Reuters) - AccorHotels, Europe's largest hotel group, said on Tuesday it bought British high-end serviced home rental company onefinestay as it fights the rising challenge of online home-sharing company Airbnb and booking websites like Expedia (NasdaqGS: EXPE - news) .

The world's fifth-largest hotel group, undergoing a reorganisation initiated by Chief Executive Sebastien Bazin, said it paid 148 million euros ($168.5 million) for onefinestay and pledged to invest a further 64 million to help the company grow worldwide.

Onefinestay, which was launched in London in 2010, has a portfolio of 2,600 properties in London, New York, Paris and Los Angeles (Other OTC: ANGC - news) , AccorHotels said in a statement. ($1 = 0.8783 euros) (Reporting by Dominique Vidalon; Editing by James Regan)