|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||34.00 - 34.00|
|52 Week Range||25.19 - 38.10|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||15.25|
|Forward Dividend & Yield||0.76 (2.25%)|
|Ex-Dividend Date||May 23, 2023|
|1y Target Est||N/A|
In this article, we will take a detailed look at the 15 African countries with the highest investments in the hotel business with insights into signed deals in early 2023 from 45 regional (African) and international hotel chains. To see top 5 countries in this list click 5 African Countries With The Highest Investments In The […]
Accor is having a happy, "Emily in Paris" kind of year. High-spending Americans thronged Europe this summer, helping the hotel giant beat expectations for revenue and profit.
Europe's biggest hotel group Accor on Thursday raised its core profit target for 2023 for the second time this year, citing positive business momentum in all of its markets after another strong post-pandemic summer. The sector continues to benefit from the leisure travel boom despite inflation and the resurgence of recession fears in Europe. Accor also said third-quarter revenue reached 1.29 billion euros ($1.36 billion), in line with expectations, adding it is seeing the first signs growth is normalising after several quarters of intense recovery, with average prices still high.