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Accor: Q1 2014 revenue up 2.1% like-for-like to €1.135 billion (France)
Solid growth for HotelServices, up 4.7%, and HotelInvest, up 1.2%
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Catégorie : Europe - France - Économie du secteur
- Chiffres et études
Ceci est un communiqué de presse sélectionné par notre comité éditorial et publié gratuitement le vendredi 18 avril 2014
Robust demand in every key market outside France, with pro forma revenue gaining 2.1% like-for-like and declining 5.5% as reported.
HotelInvest, Hotel owner and Investor - Revenue up 1.2% like-for-like to €992 million, of which €109 million paid to
HotelServices as fees.
- Good revenue growth in every geography except France (down 3.9%), where
demand was dampened in particular by the increase in the VAT rate on January 1st.
HotelServices, Hotel operator and brand franchisor - Gross revenue(1)up 3.5%, excluding the currency effect, to €2.5 billion, led by
expansion in emerging markets.
- Revenue up 4.7% like-for-like to €262 million, with strong gains in the Mediterranean, Middle East, Africa region (MMEA, up 7.5%), the Asia Pacific region (up 8.1%) and the Americas (up 11.6%), thanks to expansion that was 85% under management and franchise contracts.
- 4,449 new rooms opened during the quarter, 50% of which were in emerging markets and 85% of which through franchise and management contracts.
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