Report
Fehmi Ben Naamane ...
  • Johanna Jourdain

Accor : RevPAR France: November continues to grow significantly vs 2019

>RevPAR +7% for November (vs 2019) in France - RevPAR France was up 7.1% in November 2022 (vs November 2019, +30% vs November 2021) according to the preliminary data published by MKG, including a 3.2-point decline in the occupancy rate but a marked increase in prices vs their pre-crisis level (+12.5%). November was the seventh consecutive month with RevPAR above the 2019 level, after +22% in October, +12% for September, +20% in August, +21% in July, +4.5% in June and ...
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
Fehmi Ben Naamane

Johanna Jourdain

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