Report
Johanna Jourdain

Accor : RevPAR France: August marks the end of a very good summer season

>RevPAR +20% in August (vs 2019) in France - RevPAR France were up 20.3% in August 2022 (vs August 2019, +39% vs August 2021) according to preliminary data reported by MKG, including an 1.0-point decline in occupancy but prices far above their pre-crisis level (+22%). August is the fourth consecutive month with RevPAR above the 2019 level, after +21% in July, +4.5% in June and +20% in May. By region, Paris was up +29% (vs 2019 and has remained at levels above 2019 sin...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch