(Boursier.com) — Accor fell 3.5% to 28.90 euros this Friday, despite the increase in its gross operating surplus objectives for 2023 for the second time this year, the group highlighting the good dynamics of its activity in all its markets. The operator of the Ibis and Novotel hotels now forecasts a gross operating surplus of between 955 and 985 million euros, compared to a previous forecast of 930 to 970 million euros, already revised upwards in July. .
The hotel group also revised its revenue per available room (RevPAR) growth forecast upwards and now expects it to be slightly above 20%, compared to a previous target at “the high end”. of the range of 15 to 20%.
“This is, for Accor, the sixth consecutive quarter of growth since the return to post-pandemic activity levels,” CEO Sébastien Bazin said in a press release. “Hotel demand remained very strong throughout the third quarter, which showed a RevPAR up 15% compared to last year despite a very high comparable base,” the group said.
However, “the first signs of normalization of growth in activity are appearing after several quarters of intense recovery”, he added…
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