Accor

Accor Records Revenue Decrease For First Quarter Of 2021; Expects Strong Recovery In Summer Of 2021

Accor has recorded a fall in first quarter revenue, which was adversely impacted by the continuing COVID-19 pandemic, but the hotel group expects a st...

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 20...

Accor Records Annual Loss

Europe's biggest hotel group, Accor, has recorded an annual loss, as coronavirus lockdowns and border closures weighed throughout the year, but noted signs...

Accor Records 62.8% Decrease In RevPAR

Hotel group Accor has recorded a 62.8% decrease in revenue per available room (RevPAR) for the third quarter of 2020. France, UK, Germany, Spain, China, A...

Shares In Accor And IHG Rise After Reported Merger Interest

Shares in France's Accor rallied after Le Figaro newspaper reported that it has examined a potential merger with British rival InterContinental H...

S&P Downgrades Accor To Junk Status

Hotel group Accor has been downgraded to junk status by ratings agency S&P Global, which is a decision that is set to cost the company tens of mill...

Accor To Cut 1,000 Jobs

Hotel group Accor is planning to cut 1,000 jobs as part of a €200 million per year cost saving plan to mitigate the impact of the coronavirus crisis....