Accor : The very good momentum in 2022 should continue in 2023
>Very strong 2022 results, a marked effort on shareholder returns - Accor reported yesterday before opening very strong 2022 results, including RevPAR growth of +2.3% vs 2019 (+15.4% in Q4), with all regions having beaten their pre-crisis level by some way, with the exception of northern Europe (-6% vs FY 2019) and Asia-Pacific (-19%) penalised by Germany and China respectively. Nonetheless, 2023 should see a ramp-up in these two regions, notably with the easing of re...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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