Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Accor : Feedback de roadshow (Dublin, HIR) : pas de ralentissement visible de l’activité à l’approche du lancement du buyback

>Trading update toujours solide, discours confiant sur les perspectives - Accor ne constate aucun signe de ralentissement de son activité, avec un T3 qui devrait enregistrer une croissance des RevPAR de 10/15% yoy (ODDO BHF +12%e yoy, +27%e vs T3 19), qui intègre une base de comparaison désormais plus difficile. Accor observe une bonne traction des RevPAR en France liée à la Coupe du Monde de rugby, particulièrement en Province, alors que l’impact est moins significat...
Underlying
Accor SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Fehmi Ben Naamane

Johanna Jourdain

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