Report
Johanna Jourdain ...
  • Matthias Desmarais

Accor : Le confinement pèsera sensiblement dès le T1 avant un point bas attendu au T2

>RevPAR France à -67% en mars 2020, dont -74% à Paris - Les RevPAR France sont en chute de 66.8% en mars 2020 (vs mars 2019) selon les données préliminaires publiées par OlaKala, impactés principalement par la baisse des taux d’occupation (-40.9 pts) et des prix (-9.7%). Il s’agit d’une très mauvaise performance, sans surprise, principalement liée à la mise en place du confinement à partir de mi-mars en France. A noter que le recul des RevPAR atteint même -95/99% sur ...
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
Johanna Jourdain

Matthias Desmarais

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch