After a 3-year transformation project started at the end of 2013 to develop HotelInvest, the real estate branch of Accor Group, HotelInvest became in 2017 AccorInvest Group, a strategic hotel investor, owner and operator. In May 2018, Accor opened up the share capital of AccorInvest to long-term investors, among which sovereign wealth funds and institutional investors, in order to allow AccorInvest to reach its ambitions in terms of growth and development. Today, AccorInvest is present in 26 countries with 747 hotels managed by Accor.