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Accor third-quarter 2014 revenue up 4.6% like-for-like

October 20, 2014 Financial No Comments Email Email

The vast majority of the Group’s markets reported solid third-quarter growth, for total revenue of €1,459 million, up 4.6% like-for-like pro forma and 3.3% as reported.

This consolidates the positive trend observed in the first half of the year, resulting in a 3.4% like-for-like increase for the nine months to end-September.Strong demand in most of the Group’s markets, particularly in the UK, Germany and Benelux, and in Europe generally.

  • Slight improvement in France, especially in Paris thanks to favorable trends in August and
    September.
  • Faster recovery in Southern Europe.
  • First tangible signs of a slowdown in Africa.
  • A total of 51 hotels or 7,529 rooms opened during the quarter.

See more information at http://www.accor.com/

 

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