AccorHotels

UAE Sovereign Fund ADIA Selling Two Sydney Hotels, Say Sources

Abu Dhabi Investment Authority (ADIA) is selling two of its Sydney hotel properties, which could fetch the sovereign wealth fund (SWF) approximat...

Accor And Air France-KLM Expand Ties With Joint Loyalty Programme

Hotel group Accor and airline Air France-KLM have announced that they are broadening their loyalty programmes by offering a dual reward scheme to thei...

Weak Asia Weighs On Accor Q1 Hotel Room Revenue Growth

Hotel group Accor has said that weakness in Asia and North America held back growth in revenue per available room (RevPAR) to 1.6% in the first q...

AccorHotels' 2018 Profit Rises, Beefs Up Lifestyle Loyalty Initiatives

AccorHotels has posted record operating profits for 2018, helped by cost controls and robust demand in most key regions including France and Brazil....

LVMH Splashes Out On Luxury Hotels With $3.2bn Belmond Deal

Luxury goods maker LVMH has agreed to buy Belmond, the owner of hotels including Venice's landmark Cipriani, for a total of $3.2 billion to raise its profi...

AccorHotels Sticks To Goals For Future Earnings Growth

AccorHotels, Europe's largest hotels company, has reaffirmed its financial targets for future earnings growth helped by acquisitions and cost controls....

InterContinental Hotels Reported Only Small Rise Q3 RevPAR

InterContinental Hotels Group (IHG) has reported only a small rise in revenue per available room in the third quarter, held back by a US decline in the fac...

AccorHotels Raises Earnings Guidance After Sales Uplift

AccorHotels HAS made a slight upward revision to its full-year profit guidance in the wake of reporting higher third-quarter sales. The group, which run...