Report
Johanna Jourdain ...
  • Matthias Desmarais

Accor : RevPAR in France in December up +2.7%, +7.3% in 2018

>RevPAR in France up +2.7% in December, impacted by the yellow vests movement - RevPAR in France was up 2.7% in December 2018 (vs December 2017) according to the preliminary data reported by OlaKala. Occupancy rates were down by 0.6 points and average daily rates were up by 3.8%.This was a modest performance which resulted from both a more demanding comparison base (RevPAR growth of +10.5% in December 2017) and the yellow vests movement which had a negative impac...
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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