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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 wednesday 18 january 2012

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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