Accor : RevPAR France -94% in May, domestic demand should help to support hotel activity this summer
>RevPAR down 93.5% in May, -56% since the start of 2020 - RevPAR in France fell by 93.5% in May 2020 (vs May 2019) according to the preliminary data published by OlaKala, due to a 45.1% fall in rates and a decline in occupancy rates of -60.3Â points. Unsurprisingly, this was a very poor performance, relatively stable on a sequential basis vs April to -96.5% whilst May included partial lockdown (until 11 May), limited travel and bank holidays. Hotel activit...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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