Previous Close | 707.38 |
Open | 0.00 |
Bid | 0.00 x 12600 |
Ask | 0.00 x 73400 |
Day's Range | 0.00 - 0.00 |
52 Week Range | |
Volume | |
Avg. Volume | 10,240 |
Market Cap | 193.55B |
Beta (5Y Monthly) | 1.31 |
PE Ratio (TTM) | 173.04 |
EPS (TTM) | 4.09 |
Earnings Date | Jul 25, 2024 - Jul 29, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
Isn't hosting the Olympics supposed to be a gold mine for hotels? Not for France, at least. Accor warned that it didn't expect a "massive financial uplift" from Paris hosting the Summer Olympic Games.
Global tourism is set to fully recover from the pandemic in 2024 as international tourist arrivals will likely be 2% more numerous than in 2019, the United Nations' World Tourism Organisation said in January. Accor's revenue per available room (RevPAR), one of the industry's main performance gauges, rose 7.6% to 66 euros in the quarter. The increase was more pronounced in midscale, upscale and economy hotels in the Middle East, Africa and Asia-Pacific regions, where it grew by 12% on the back of bookings in Saudi Arabia during Ramadan and the recovery of tourism in Singapore and Thailand.
Q1 2024 Travel + Leisure Co Earnings Call