“As the moment has come for the legal closing and takeover by AccorHotels, it is time for me to step down as CEO. Mix of emotion, immense gratitude, pride and some sadness … let’s see what next chapter will be. I am going to take that much needed breather, and then start searching for a new challenge. “There is only one difference between dream and aim. Dream requires effortless sleep and aim requires sleepless efforts. Sleep for dreams and wake up for aims!”

This is what Olivier Chavy, CEO – President of at Mövenpick Hotels & Resorts, expressed on his LinkedIn page following the announcement of the finalization of the merger deal between AccorHotels and Mövenpick today.

He has been leading the Swiss chain since August 2016.