PARIS Feb 20 Accor <ACCP.PA, Europe's largest
hotelier, said on Thursday it achieved a 5.3 percent
like-for-like rise in full-year operating profit, driven by
robust demand in Europe and in emerging markets.
The world's fourth-largest player, whose new chief executive
Sebastien Bazin recently unveiled a reorganisation that he said
would boost shareholder returns, said it would pay a 2013
dividend of 0.80 euros a share, up from 0.76 euros for 2012.
The French group has nearly 3,500 hotels ranging from the
luxury Sofitel to the budget Ibis and competes with
InterContinental, Marriott and Starwood Hotels
Accor said 2013 earnings before interest and tax (EBIT)
reached 536 million euros ($737 million), against the company's
revised guidance of 530 million and ahead of analysts' average
estimate of 529 million in a Thomson Reuters I/B/E/S poll.
($1 = 0.7271 euros)
(Reporting by Dominique Vidalon; Editing by James Regan)