Accor Competitor definition

Accor Competitor means 10 Hotel Groups, including at any time (i) Hyatt Hotels Corporation, and (ii) each of the top 9 largest Hotel Groups (by total number of Hotels), that derives at least 50% of its worldwide gross revenues from outside the Target Territories, excluding the Accor Group.

Examples of Accor Competitor in a sentence

  • CLG represents and warrants that as of the date hereof neither it nor any of its Affiliates owns any Securities issued by, or any Significant Interest in, any Accor Competitor.