Accor is a French multinational hotel group founded in 1967 that owns, operates, and franchises hotels ranging from budget to luxury brands. It has over 3700 hotels across 95 countries and employs over 240,000 people. Some of its key brands include Ibis for budget hotels, Mercure and Novotel for midscale, and Sofitel, Pullman, and MGallery for upscale and luxury. The company has continued to expand its portfolio through acquisitions and introduced new brands over the years to cater to various market segments.