Accor - A Solid First-Half 2012: Revenue Up 3.6% like-for-like

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Accor - A Solid First-Half 2012: Revenue Up 3.6% like-for-like
	Accor - A Solid First-Half 2012: Revenue Up 3.6% like-for-like
Category: Worldwide - Industry economy - Figures / Studies This is a press release selected by our editorial committee and published online for free on 2012-07-18 Sustained Growth in the Second Quarter Despite Negative Calendar Effect First-half revenue up 3.6% like-for-like and down 0.1% as reported, of which a 3.1% like-for-like in the second quarter Good performance across all segments, led by steadily rising prices 20.1% increase in management and franchise fees over the semester Record expansion in the first-half, with the opening of 20,700 rooms (141 hotels), 85% of which under management and franchise contracts Motel 6 accounted for in Assets Held For Sale following its announced sale to Blackstone. For the full press release clinck on the link below