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Accor Has The Resources To Withstand The COVID-19 Crisis For Another Two Years, According To Its CEO

Published on Mar 19 2021 1:04 PM in Hotel tagged: accor

Accor Has The Resources To Withstand The COVID-19 Crisis For Another Two Years, According To Its CEO

French hotel group Accor has the resources to withstand the COVID-19 crisis for another two years as the company experienced an annual loss in 2020, its chairman and CEO Sebastien Bazin has said.

A Need To Extend Financial Support

Bazin told French RMC radio that there is a need to extend financial state support to the hotels and leisure sector.

"Aid Must Be Extended"

"Aid must be extended", he said.

News by Reuters, edited by Hospitality Ireland. Click subscribe to sign up for the Hospitality Ireland print edition.

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