A sign is seen on the wall outside of a Microsoft store in the Dadeland Mall as Microsoft announces it will be buying Nokia Corp.'s line-up of smart phones on September 3, 2013 in Miami, Florida. The proposed price that Microsoft is paying is reported to be $5 billion for the Nokia unit that makes mobile phones, including its line of Lumia smart phones, and another $2.2 billion will be paid for a 10-year license to use Nokia's patents. (Getty Images)
A few months after buying FRHI Hotels & Resorts from investors including Qatar Investment Authority and Kingdom Holding, AccorHotels CEO Sébastien Bazin denies the hotel management firm is growing too fast. In fact, he intends to pick up the pace – especially in the GCC.