Jin Jiang 'weighs boosting Accor stake'

Jin Jiang International (Holdings) Co, which controls China's largest lodging company by market value, is considering increasing its stake in French hotelier Accor SA, people familiar with the matter said.

Jin Jiang, already Accor's biggest shareholder with an almost 12 percent stake, could build up its ownership in the Paris-based company to about 20 percent, the people said.

The Shanghai-based company would be interested in gaining more influence over Accor's management, according to the people, who asked not to be identified because the deliberations are private.