Previous close | 9.06 |
Open | 8.83 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 8.83 - 9.08 |
52-week range | 6.26 - 9.40 |
Volume | |
Avg. volume | 12,079 |
Market cap | 10.934B |
Beta (5Y monthly) | 1.31 |
PE ratio (TTM) | 19.19 |
EPS (TTM) | 0.47 |
Earnings date | N/A |
Forward dividend & yield | 0.22 (2.49%) |
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