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Accor : Sustained revenue growth in 2011

Accor : Sustained revenue growth in 2011

Category: Worldwide - Industry economy - Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2012-01-18

Record expansion of the hotel network
with nearly 39,000 rooms opened during the year

 2011 revenue up +5.2% like-for-like, including +3.6% growth in the fourth quarter
 Very good fourth-quarter performance led by improved average room rate in the
Economy segment in Europe and the United States
 With 38,700 new rooms opened during the year, Accor set a new record for room
openings and far exceeded its expansion target for 2011
 After recording strong business levels in the fourth quarter, Accor confirms its full-year
EBIT target of €510-530 million.



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