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Accor focuses on the hotel industry


If the group goes back on its diversification in the concierge and apartment rentals, it redoubled its ambition in terms of openings.

It was the end of a deep transformation that lasted six years and gave birth to a new Accor: a global giant, at the head of more than 5,036 hotels (739,537 rooms) that the group mainly operates, but whose he no longer owns the walls or the goodwill.

Read also: AccorHotels becomes Accor again, and enriches its loyalty program by joining forces with PSG

The results of 2019 confirm, according to Sébastien Bazin, the strength of the model. "The group is once again posting record results," welcomes the CEO. More diverse than ever and fully “asset light” (without owning a hotel, editor's note), Accor is continuing to implement its strategy and is focusing on executing its roadmap and creating value. ” Net profit reached 464 million euros, for a turnover of 4 billion (+ 16% and 3.8% on a comparable basis).

Top of the range double bites

Last year, the fires in Australia led the group to an impairment of assets of 150 million euros; protests in Hong Kong and trade tensions between the United States and China have

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Source: lefigaro

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