Key Developments: Accor SA (ACCP.PA)

ACCP.PA on Paris Stock Exchange

25 Jul 2014
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€-0.53 (-1.45%)
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Latest Key Developments (Source: Significant Developments)

Accor SA announces new Sofitel site in Bali
Sunday, 26 Jan 2014 07:00pm EST 

Accor SA:Says it's Sofitel brand launched on Dec. 20, 2013, a new Indonesian property, Sofitel Bali Nusa Dua Beach Resort.Says the new hotel boasts 415 guestrooms, including 17 private villas, 22 Prestige Suites and 376 Luxury Rooms, decorated by internationally interior designers, Wilson Associates.Says the hotel also offers a ballroom that can accommodate up to 600 people.  Full Article

Accor SA gives FY 2013 outlook above analysts' estimates
Thursday, 16 Jan 2014 11:45am EST 

Accor SA:Sees its operating profit in fiscal year 2013 to be about 530 million euros, compared to the range of between 510 and 530 million euros previously announced.FY 2013 operating profit 512.58 - Thomson Reuters I/B/E/S Estimates.  Full Article

Accor SA's Sofitel signs hotel management contract in Berlin
Tuesday, 10 Dec 2013 07:00pm EST 

Accor SA:Says its Sofitel brand has signed a management contract for the Hotel Concorde Berlin which, as of Feb. 1, 2014, will be operated under its new name, the Sofitel Berlin Kurfurstendamm.Says the hotel's 311 guestrooms include 44 suites are will be equipped with the renowned MyBeds, the hotels will also feature 16 elegant conference rooms and a ballroom.  Full Article

Accor SA inaugurates seven franchise aparthotels in Brazil
Sunday, 8 Dec 2013 07:00pm EST 

Accor SA:Says its Aparthotels Adagio division has opened seven master franchise aparthotels in Brazil.Says the brand's seven new addresses in Brazil are in Sao Paulo, Belo Horizonte, Curitiba and Porto Alegre.Says ten more aparthotels are under construction and two will open in Dubai and Abu Dhabi in 2014.  Full Article

Accor SA announces new company structure
Wednesday, 27 Nov 2013 01:03am EST 

Accor SA:Says it will reorganize its activities around two core businesses.Says it will implement a new organization built by geography.Says brands will be grouped by segment.Says it will have a new Executive Committee with 10 members, including the 5 regional Heads of operations.Says first business division will be HotelServices, a fee-oriented hotel operator and brand franchisor.Says HotelServices will operate nearly 3,600 hotels and 460,000 rooms worldwide under 14 brands worldwide.Says second business division will be HotelInvest, a hotel owner and investor.Says HotelInvest will comprise the Owned & Leased and shared service activities.Says HotelInvest will start with a portfolio of c.1,400 hotels of which nearly 300 are in full ownership.  Full Article

Accor SA Expands Its European Network of City Break Hotels
Sunday, 3 Nov 2013 07:00pm EST 

Accor SA announced that since the beginning of 2013, it has expanded its network of City Break hotels by more than 30 new sites in European cities. The expansion includes Sofitel Paris Arc de Triomphe in Paris, Pullman Brussels Midi, Hotel Carlton Lyon, Novotel Lugano Paradiso, Mercure Warszawa Centrum, Adagio Liverpool City Centre Aparthotel, ibis Geneve Centre Nations, ibis Styles Madrid Prado and ibis budget Berlin City Potsdamer Platz, among others.  Full Article

Accor SA Sells Its 19.4% Stake in Tourism Asset Holdings Ltd. to Abu Dhabi Investment Authority
Sunday, 3 Nov 2013 07:00pm EST 

Accor SA announced the sale of its 19.4% stake in the Tourism Asset Holdings Ltd. (TAHL), an Australian hotel owning Company, to the Abu Dhabi Investment Authority (ADIA) for a value of AUD 66 million (EUR 46 million), and a repayment of AUD 76 million (EUR 53 million) loans. TAHL owns 31 hotels in Australia (4,097 rooms), all of which are operated by Accor SA through lease or management contracts. All the contracts are to be maintained.  Full Article

Accor SA's Novotel Inaugurates New Hotel in Thailand
Wednesday, 30 Oct 2013 08:00pm EDT 

Accor SA announced that its Novotel has inaugurated a new hotel in Phuket, Thailand. The new resort has 166 rooms, suites and villas, as well as a lush garden, three restaurants and bars, fitness centre, spa and swimming pool.  Full Article

Accor SA Confirms FY 2013 EBIT Guidance
Thursday, 17 Oct 2013 08:00pm EDT 

Accor SA announced that it confirms its fiscal year EBIT target of EUR 510-530 million. nAccording to I/B/E/S estimates, analysts on average are expecting the Company to report fiscal year 2013 EBIT of EUR 525.13 million.  Full Article

Accor SA's Sofitel Opens Sofitel The Palm Dubai Hotel
Thursday, 5 Sep 2013 08:00pm EDT 

Accor SA announced that its Sofitel brand has opened its Polynesian themed resort, Sofitel The Palm Dubai. Located on Palm Jumeirah, the hotel, with a total of 100,000 square meters of space, boasts 361 island inspired guest rooms and suites, as well as 182 fully serviced apartments.  Full Article

BRIEF-Accor shares rise 2.1 pct after Q2 sales

PARIS, July 18 - Accor SA : * Shares rise 2.1 percent after Q2 sales

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