- The Wall Street Journal•2 days ago
French hotel group Accor doesn’t expect its Paris bookings to take a hit in the wake of Thursday’s attack, according to finance chief Jean-Jacques Morin.
- Reuters - UK Focus•2 months ago
Hotels group Best Western is considering options including mergers and acquisitions to keep pace with rival Marriott International (Frankfurt: 913070 - news) , the world's largest hotel chain, the group's chief executive said on Wednesday. "We are thinking about how we can dramatically increase our scale," Best Western CEO David Kong told Reuters in an interview on the sidelines of the ITB travel fair in Berlin.
- Reuters•2 months ago
AccorHotels has signed an agreement to take over the management of 26 hotels in Brazil, Europe's largest hotel group said on Thursday, continuing its expansion in the recession-hit South American country. The purchase for 60 million euros ($63.01 million) of a portfolio of budget, mid-market and luxury hotels in cities such as Rio de Janeiro and Sao Paulo from Brazil Hospitality Group (BHG) -- Brazil's third-largest hotel group -- will boost Accor's earnings from 2018, the company said. The Brazilian economy contracted sharply in 2016 for the second year in a row, but Accor's Chief Development Officer Gaurav Bhushan told Reuters that it is during tough economic times that you can find interesting investment opportunities and gain scale in an emerging market that is bound to recover.
AC.PA: Summary for ACCOR - Yahoo Finance
Accor SA (AC.PA)
Paris - Paris Delayed price. Currency in EUR
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|Bid||38.00 x 10000|
|Ask||38.65 x 22600|
|Day's range||38.80 - 40.29|
|52-week range||32.12 - 41.25|
|PE ratio (TTM)||45.61|
|Dividend & yield||0.57 (1.37%)|
|1y target est||N/A|