April 28 (Reuters) – Accor SA ACCP.PA:
* REVENUE IN Q1 EUR 701 MLNS VERSUS EUR 361 MLNS A YEAR AGO
* THE GROUP’S REVPAR HAS MORE THAN DOUBLE (+108% IN PUBLISHED DATA) COMPARED TO Q1 2021
* ACCOR OPENED 26 HOTELS IN Q1 AND POSTED NET NETWORK GROWTH OF +2.5% YEAR-ON-YEAR
* AT THE END OF MARCH 2022, HAS A HOTEL PORTFOLIO OF 777,849 ROOMS AND A PIPELINE OF APPROXIMATELY 212,000 ROOMS
* FOR FISCAL YEAR 2022, THE GROUP CONFIRMS ITS NETWORK NET GROWTH FORECAST OF 3.5%
* BASED ON CURRENT TRENDS, REVPAR IMPROVEMENT WILL CONTINUE IN THE NEXT QUARTERLY
* DOMESTIC CUSTOMERS SHOULD RETURN TO LEVELS COMPARABLE TO THOSE OF 2019 BY THE END OF THE YEAR
* CONCERNING INTERNATIONAL CUSTOMERS, THE RECOVERY IS ACCELERATED EVEN IF ASIA IS STILL LESS BACK
For more details, click on ACCP.PA
(Gdansk Newsroom)