Accor SA (ACCP.PA)
PARIS Accor , Europe's largest hotels group, said it was confident over its 2019 prospects after reporting a 5.1% rise in first-half operating profit, driven by restructuring efforts and robust demand in most regions.
* Eyes 3% revPAR growth in 2019, with Asia improving in H2 (Adds details from deputy CEO call,)
PARIS, July 31 Accor, Europe's largest hotels group, posted a 5.1% rise in first-half operating profit, driven by restructuring efforts and improving demand in Asia, and predicted another rise in profits for 2019 which was shaping up as a "record year".
PARIS Europe's largest hotel group Accor and airline Air France-KLM said they were broadening their loyalty programs by offering a dual reward scheme to their entire global customer base.
PARIS, June 20 Europe's largest hotel group Accor and airline Air France-KLM said they were broadening their loyalty programmes by offering a dual reward scheme to their entire global customer base.
SAO PAULO U.S. hospitality group Host Hotels & Resorts Inc plans to sell its three hotels in Rio de Janeiro and exit the Brazil market, three people familiar with the matter said, as it unloads weaker assets and focuses on its core North American operations.
PARIS Accor, Europe's biggest hotel group, said on Thursday weakness in Asia and in North America held back growth in Revenue Per Available Room (RevPAR), a key gauge of performance for the hotel industry, to 1.6 percent in the first quarter.
* Expects RevPAR growth of around 3 pct for 2019 (Recasts with RevPAR details)
PARIS, April 18 Accor, Europe's biggest hotel group, said on Thursday it was confident over its 2019 outlook after its first quarter revenue rose 8.8 percent on a like-for-like basis thanks to robust business in Europe and a recovery in South America.
PARIS, March 17 The chief executive of Accor said it would be complicated for the French hotels group if Chinese shareholder and fellow hotel operator Shanghai Jin Jiang Hotels sought a board seat.