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Accor SA (ACCP.PA)

ACCP.PA on Paris Stock Exchange

47.27EUR
11:36am EST
Change (% chg)

€-0.25 (-0.53%)
Prev Close
€47.52
Open
€47.70
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€47.70
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€46.98
Volume
966,285
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915,673
52-wk High
€47.70
52-wk Low
€36.81

Latest Key Developments (Source: Significant Developments)

AccorHotels to adjust dividend policy after AccorInvest deal
Wednesday, 21 Feb 2018 04:10am EST 

Feb 21 (Reuters) - AccorHotels CFO Jean-Jacques Morin tells a news conference::CFO SAYS GROUP WILL PROBABLY HAVE A COMMON DIVIDEND POLICY AND AN EXTRAORDINARY DIVIDEND POLICY.CEO SAYS SEALING ACCORINVEST PROPERTY DEAL IS "A MATTER OF WEEKS".  Full Article

Accorhotels confirms 2019 breakeven target for New Businesses - CFO
Wednesday, 21 Feb 2018 02:59am EST 

Feb 21 (Reuters) - Accorhotels CFO Jean-Jacques Morin tells a news conference::ACCORHOTELS ITS BREAKEVEN TARGET FOR NEW BUSINESSES IN 2019 - CFO.  Full Article

Accorhotels "confident" over 2018 - CEO
Wednesday, 21 Feb 2018 01:52am EST 

Feb 21 (Reuters) - Accorhotels CEO Sebastien Bazin tells a conference call: :EXPECTS FINALISATION OF MANTRA DEAL DURING Q2 - CEO.CEO SAYS THAT TRENDS SEEN IN 2017 WILL CONTINUE IN 2018, NOTABLY IN ASIA, EUROPE.CEO SAYS SAUDI PRINCE ALWALEED REMAINS GROUP'S THIRD-LARGEST SHAREHOLDER.CEO SAYS "CONFIDENT" OVER 2018.CEO SAYS 2018 WILL PROBABLY BE BETTER IN BRAZIL.  Full Article

ADP And Accorhotels Have Signed Two Building Leases
Thursday, 15 Feb 2018 12:24pm EST 

Feb 15 (Reuters) - Adp ::ADP AND ACCORHOTELS HAVE SIGNED TWO BUILDING LEASES FOR RENOVATION OF MERCURE HOTEL AND ESTABLISHMENT OF A NEW IBIS STYLES HOTEL AT PARIS-ORLY AIRPORT..  Full Article

AccorHotels still eyes deal on property business by year-end-CFO
Thursday, 19 Oct 2017 12:34pm EDT 

Oct 19 (Reuters) - Accorhotels finance head tells a call with journalists::Talks with investors continuing over sale of stake in property unit, still eyes deal by year-end.  Full Article

AccorHotels signs agreement to buy Mantra Group Limited
Wednesday, 11 Oct 2017 08:20pm EDT 

Oct 11 (Reuters) - AccorHotels :‍Under terms of agreement AccorHotels would offer AUD3.96 in cash for each Mantra share including any potential special dividend.AccorHotels signs an agreement to acquire Mantra Group Limited.‍Acquisition will be accretive to earnings per share in first year of ownership pre-synergies​.‍AccorHotels will pay AUD1.3 billion.‍AccorHotels confirms it is in discussion with potential investors in relation to sale of part of share capital of AccorInvest​.‍Group aims at signing an agreement before year-end 2017​.‍AccorHotels confirms it is in discussion with potential investors in relation to sale of part of share capital of AccorInvest​.  Full Article

Mantra Group's board unanimously recommends deal with AccorHotels​
Wednesday, 11 Oct 2017 06:46pm EDT 

Oct 12 (Reuters) - Mantra Group Ltd :‍Mantra Group's board unanimously recommends scheme of arrangement with AccorHotels​.Under deal, ‍Mantra will have discretion to pay shareholders a special dividend of up to a maximum of 23.5 cents per share​.  Full Article

AccorHotels and SNCF group sign a strategic partnership for the development of the Orient Express brand
Wednesday, 4 Oct 2017 11:06am EDT 

Oct 4 (Reuters) - ACCORHOTELS ::ACCORHOTELS AND SNCF GROUP SIGN A STRATEGIC PARTNERSHIP FOR THE DEVELOPMENT OF THE ORIENT EXPRESS BRAND.WILL BE ACQUIRING A 50% STAKE IN THE SHARE CAPITAL OF ORIENT EXPRESS.INTENDS TO BUILD ON THIS PARTNERSHIP TO STRENGTHEN LEADERSHIP IN THE LUXURY SEGMENT.  Full Article

AccorHotels to acquire Gekko
Monday, 2 Oct 2017 12:57pm EDT 

Oct 2 (Reuters) - ACCORHOTELS ::SIGNS AN AGREEMENT TO ACQUIRE GEKKO.TRANSACTION, WHICH VALUES GEKKO AT €100 MILLION, WILL HAVE AN ACCRETIVE EFFECT ON ACCORHOTELS’ FINANCIAL PERFORMANCE FROM 2018..STEPHANE DE LAFORCADE AND OLIVIER DELOUIS TO REMAIN AT HEAD OF GEKKO AND TO CONTINUE TO RUN GROUP INDEPENDENTLY.  Full Article

Accor to deliver above-industry growth says Goldman Sachs
Wednesday, 20 Sep 2017 03:47am EDT 

Sept 20 (Reuters) - Accorhotels :GOLDMAN SACHS EXPECTS ACCOR TO DELIVER ABOVE-INDUSTRY GROWTH, SUPPORTED MAINLY BY MOMENTUM IN FRANCE.GOLDMAN SACHS EXPECTS TO DELIVER CONTINUING GROWTH ACCELERATION, WITH 5.1 PERCENT LFL GROWTH IN 2017- 19E VERSUS. 3 PCT OVER PAST THREE YEARS.AS RESULT OF PROPCO SPIN-OFF, EXPECT ACCOR TO HAVE 2.1-3.7 BILLION EUROS OF CASH TO DEPLOY IN THE MID-TERM, PROVIDING SCOPE FOR INCREASED SHAREHOLDER CASH RETURNS OR INCREASES IN ORGANIC OR INORGANIC GROWTH.OVERALL, ACCOR’S 14 PERCENT EARNINGS GROWTH FORECAST COMPARES WITH 8 PERCENT FOR OUR HOTELS COVERAGE, WHILE THE STOCK TRADES AT A 5 PCT DISCOUNT TO GOLDMAN SACHS COVERAGE AVERAGE.  Full Article

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