Report
Johanna Jourdain ...
  • Matthias Desmarais

Accor : RevPAR France: another good month in June

>RevPAR at +3% in June (vs 2019) in France, driven by Paris and regions - RevPAR in France saw growth of 2.9% in June 2022 (vs June 2019, +142% vs June 2021) based on the preliminary data published by MKG, with a drop in the occupancy rate of 4.0 pt but prices well above their pre-crisis levels (+8.3%). June was the second month in a row with RevPAR above those of 2019, after +20% in May. Geographically, Paris grew by +3.0% (vs 2019 and above 2019 levels since April),...
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

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