Previous close | 36.96 |
Open | 35.79 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 35.57 - 36.57 |
52-week range | 27.71 - 43.74 |
Volume | |
Avg. volume | 643,534 |
Market cap | 8.814B |
Beta (5Y monthly) | 1.27 |
PE ratio (TTM) | 16.60 |
EPS (TTM) | 2.18 |
Earnings date | 25 Jul 2024 |
Forward dividend & yield | 1.18 (3.26%) |
Ex-dividend date | 05 Jun 2024 |
1y target est | 47.90 |
Accor, the Paris-based hotel giant, predicts robust bookings and strong pricing power in the second half. Its executives aren't losing any sleep over airlines like Ryanair complaining about softening airfares.
(Reuters) -Europe's biggest hotel group Accor said on Thursday it expects its revenue per available room (RevPAR) to grow faster than its medium-term target this year, driven by strong performance across its regions and brands. Global hotel chains stand to profit from positive global travel trends despite the economic uncertainty, an Oxford Economics study cited by the company showed. The operator of brands such as Ibis and Novotel expects its RevPAR, a key industry gauge of performance for the hotel industry, to grow by 4-5% this year.
The collaboration will provide accommodation and logistical assistance for the youths supported by Mbappe's charity "Inspired by KM" via Accor's distribution platform All.com. The partnership seals a long-term commitment aimed at furthering corporate social responsibility and bolstering Mbappe's initiatives worldwide, Accor said.