Previous close | 40.23 |
Open | 40.52 |
Bid | 39.41 x 0 |
Ask | 40.32 x 0 |
Day's range | 39.82 - 40.52 |
52-week range | 27.71 - 43.74 |
Volume | |
Avg. volume | 630,610 |
Market cap | 11.462B |
Beta (5Y monthly) | 1.30 |
PE ratio (TTM) | 19.66 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.71 (2.30%) |
Ex-dividend date | 23 May 2023 |
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