Accor : A very difficult end to the year for the French hotel industry - RevPAR down -61% in France in 2020
>RevPAR down 72% in December, a slight improvement on November - RevPAR in France was down by -72.3% in December 2020 (vs December 2019) according to the preliminary data from MKG, impacted mainly by the 35-point decline in occupancy rates and a 30% decline in hotel rates. This significant decline in RevPAR was anticipated, given the health situation and the tightening of restrictions in Europe, but marked a slight sequential improvement in November (-82%) thanks to t...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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