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Accor SA (ACRFF)

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46.00+3.44 (+8.08%)
At close: 01:23PM EDT
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  • Bloomberg

    Accor Nears Deal to Buy Luxury Hotel Brand Habitas

    (Bloomberg) -- Accor SA is in advanced talks to acquire luxury hotel brand Habitas, which traces its roots to camps at the Burning Man festival in the Nevada desert, according to people with knowledge of the matter.Most Read from BloombergHSBC CEO Quinn Unexpectedly Steps Down After Almost 5 YearsBinance and CZ’s Fortunes Are Set to Grow, Even in JailTesla Soars on Tentative China Approval for Driving SystemS&P 500 Falls 1% at End of Worst Month in 2024: Markets WrapStocks Trade for 390 Minutes

  • Skift

    Hoping for a Paris Olympics Boost? Accor Expects Only a Small Bump

    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.

  • Reuters

    Accor's Q1 sales rise 8% as Middle-East, Africa and Asia Pacific demand picks up

    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.