Previous close | 42.15 |
Open | 42.06 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 41.23 - 42.25 |
52-week range | 27.71 - 43.74 |
Volume | |
Avg. volume | 931,566 |
Market cap | 10.107B |
Beta (5Y monthly) | 1.31 |
PE ratio (TTM) | 19.13 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.18 (2.80%) |
Ex-dividend date | 05 Jun 2024 |
1y target est | N/A |
Isn't hosting the Olympics supposed to be a gold mine for hotels? Not for France, at least. Accor warned that it didn't expect a "massive financial uplift" from Paris hosting the Summer Olympic Games.
Global tourism is set to fully recover from the pandemic in 2024 as international tourist arrivals will likely be 2% more numerous than in 2019, the United Nations' World Tourism Organisation said in January. Accor's revenue per available room (RevPAR), one of the industry's main performance gauges, rose 7.6% to 66 euros in the quarter. The increase was more pronounced in midscale, upscale and economy hotels in the Middle East, Africa and Asia-Pacific regions, where it grew by 12% on the back of bookings in Saudi Arabia during Ramadan and the recovery of tourism in Singapore and Thailand.
Q1 2024 Travel + Leisure Co Earnings Call