Q1 17 figures revealed improved trends in France which recorded sustained RevPAR with a particularly strong Paris market. Sales were up 7.4% lfl while the changes in the group’s perimeter provided €82m of additional sales (+26% yoy), largely reflecting the contributions of Raffles, Fairmont, Swissotel, onefinestay and John Paul. Organic sales benefited from the solid New Businesses (i.e. concierge services, luxury home rentals and digital services for independent hotel operators) w
24 Apr 2017
A brighter momentum in France, at last
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A brighter momentum in France, at last
Accor SA (AC:WBO) | 0 0 0.3% | Mkt Cap: 13,333m
- Published:
24 Apr 2017 -
Author:
Bérénice Lacroix -
Pages:
3
Q1 17 figures revealed improved trends in France which recorded sustained RevPAR with a particularly strong Paris market. Sales were up 7.4% lfl while the changes in the group’s perimeter provided €82m of additional sales (+26% yoy), largely reflecting the contributions of Raffles, Fairmont, Swissotel, onefinestay and John Paul. Organic sales benefited from the solid New Businesses (i.e. concierge services, luxury home rentals and digital services for independent hotel operators) w