Luxury Hospitality Daily News

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Accor: a new growth dynamic and excellent results in 2011

Accor: a new growth dynamic and excellent results in 2011

Category: Worldwide - Industry economy - Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2012-02-22


 Record expansion, with the opening of 38,700 rooms
 Sustained growth in revenue to €6,100 million, up +5.2% like-for-like
 EBIT up +32.6% like-for-like to €530 million
 €27 million in attributable net profit
 Sharp reduction in net debt to €226 million (vs. €730 million at year-end 2010)
 Sustained deployment of the asset management program



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