Buy Accor (ACRFF.PK)

12/30/2008 7:13 pm EST

Focus: STOCKS

Jim Jubak

Founder and Editor, JubakPicks.com

The story here isn't Accor's high-end Sofitel brand but the continued redeployment of capital, through the sale of assets, from the developed markets of Europe and the United States to its midprice and budget hotel and service businesses in Asia and the rest of the developing world.

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