Accor : 2020 AGM confirms very gradual upturn in activity, positive signals for July and August
>Adoption of all of the resolutions at the AGM - Yesterday, Accor held its AGM behind closed doors, during which all the resolutions put to the vote were adopted. Thus, the term of office of Mr. Sébastien Bazin, CEO, is renewed for a period of 3 years (86.65% approval). At the same time, Mr Bruno Pavlovsky, President of Chanel's Fashion activities, joins the board of directors as an independent member and should bring his experience in the luxury sector. Finally, the ...Accor is a hotel operator. Co. offers its guests and partners the expertise of a hotel operator and brand franchisor (HotelServices) and a hotel owner and investor (HotelInvest). Co. divides its activities into three segments: Luxury-upscale, Midscale and Economy. Luxury-upscale makes up 11% of Co.'s portfolio and comprises brands such as Sofitel, Pullman, MGallery, and Grand Mercure; Midscale makes up 43% of its portfolio and comprises the Novotel, Suite Novotel, Mercure and Adagio brands; and Economy makes up 46% the Co.'s portfolio, comprising the brands ibis, ibis Styles, ibis budget and hotelF1. At Dec 31 2013 Co. operated around 3,600 hotels and 460,000 rooms in 92 countries.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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