Accor : RevPAR France in January at +3.7%, next catalyst: FY 2018 release on 21 February
>RevPAR France at +3.7% in January despite the “yellow vests†- RevPAR France was up +3.7% in January 2019 (vs January 2018) according to the preliminary data published by OlaKala. Occupancy rates were stable while average prices were up by 3.7%.This is a fairly solid performance, given the tougher comparison base (RevPAR at +3.9% in January 2018) and the “yellow vest†movement which nevertheless impacted Paris (RevPAR at -1.0%) while the Greater Paris area (+2.7...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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