Demonstrators stage a protest during the shareholders assembly of the mining group Xstrata on September 7, 2012 in Zug. A blockbuster merger between Swiss commodities giant Glencore and Xstrata may be salvaged as Glencore offered to raise its offer, after shareholder Qatar demanded better terms. Glencore had flatly refused to budge, but after a last-minute adjournment of a crucial vote on the merger today, it made its new offer to exchange 3.05 of the new group's shares for every Xstrata share. (AFP/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.