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Accor SA (ACCP.PA)

ACCP.PA on Paris Stock Exchange

34.84EUR
8 Dec 2016
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AccorHotels strengthens luxury hotels portfolio with Banyan Tree deal

PARIS AccorHotels has bought an initial five percent stake in Singapore's Banyan Tree Holdings as part of Accor's current strategy to strengthen its luxury hotels portfolio to give a boost to its earnings.

BRIEF-Orbis unit to buy hotels in Budapest from lessors for EUR 64.3 mln

* Its unit, Accor-Pannonia Hotels Zrt, agrees with Erste Group Immorent Holding GmbH and Subholding Immorent GmbH on conditions of buy back of leased hotels under Accor brands in Budapest, Hungary

Fitch Affirms AccorHotels at 'BBB-'; Outlook Stable

(The following statement was released by the rating agency) LONDON, November 23 (Fitch) Fitch Ratings has affirmed AccorHotels SA's (AccorHotels) Long Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB-'. We have also affirmed AccorHotels's Short-Term IDR and commercial paper (CP) facility at 'F3' and the group's EUR900m subordinated hybrid perpetual bond at 'BB'. The Outlook is Stable. The ratings reflect AccorHotels' position as the leading European hotel group, and the

AccorHotels to buy stake in German boutique hotel chain 25hours

PARIS AccorHotels is buying a 30 percent stake in Germany's 25hours Hotels for 35 million euros ($39 million), stepping up its expansion in the fast-growing market for "boutique" hotels that shun the replicated styles of mass-market brands.

AccorHotels to buy stake in German boutique hotel chain 25hours

PARIS, Nov 7 AccorHotels is buying a 30 percent stake in Germany's 25hours Hotels for 35 million euros ($39 million), stepping up its expansion in the fast-growing market for "boutique" hotels that shun the replicated styles of mass-market brands.

UPDATE 1-AccorHotels says attacks hit France in Q3; weak post-Brexit pound boosts UK

PARIS, Oct 18 AccorHotels, Europe's top hotels group, cut back the upper end of its 2016 profit target range on Tuesday after French and Belgian operations were hit by security fears in the third quarter.

AccorHotels cuts upper end of profit goal, says France, Belgium hit in Q3

PARIS, Oct 18 AccorHotels, Europe's top hotels group, cut back the upper end of its 2016 profit target rantge after French and Belgian operations were hit by security fears in the third quarter.

BRIEF-Accor says assets of separate hotelinvest worth Eur 6.5 bln

* Says assets of the separate subsidiary hotelinvest estimated to be worth 6.5 billion euros Source text for Eikon: Further company coverage: (Reporting by Paris Newsroom)

BRIEF-Amadeus renews global distribution agreement with AccorHotels

* Announces renewal of global distribution agreement with AccorHotels for another three years Source text: http://bit.ly/2auR5mM

AccorHotels eyes higher profit despite Brexit, Europe attacks

PARIS AccorHotels on Wednesday predicted its operating profit would rise further this year as Europe's largest hotel group reaps the fruits of its restructuring and gets a boost from the acquisition of luxury hotel group FRHI Holdings.

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