Accor : Solid rise in RevPAR France in October, positive read-across for AccorHotels
>RevPAR France +12.6% in October, driven by prices, +7.8% YTD - RevPAR France rose by 12.6% in October 2018 (vs October 2017) according to the preliminary data reported by OlaKala. Occupancy rates improved by +1.6pts and average daily rates jumped a significant 10.0%.This is a solid performance over the month, probably due to the motor show since Paris (+22.3%) and the Paris region (+22.5%) are reaping the full rewards. In contrast, RevPAR in the provinces only r...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.