Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Accor : Hotels in France: A positive RevPAR performance in June

>RevPAR at +26% in June (vs 2019) in France, with Paris at +42% - RevPAR France rose 25.6% in June 2023 (vs June 2019, +22% vs June 2022) according to preliminary data published by MKG, with a moderate fall in occupancy rates (-1.7 points) and prices still up strongly vs pre-crisis levels (+28.2%). By region, Paris remains very sharply up at +42% vs 2019 thanks to the very significant price hike (+40%) and the slight growth (+1.7 points) in the occupancy rate, ahead o...
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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