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Accor H1 2023 RevPAR Up 38% Vs H1 2022

Article - Accor H1 2023 RevPAR Up 38% Vs H1 2022 - Solid activity growth - Raised full-year guidance - Demand expected to remain strong for the coming months

Accor Announces the Successful Disposal of Its Paris Headquarters Building for €460 Million to the Valesco Group

Accor Announces the Successful Disposal of Its Paris Headquarters Building for €460 Million to the Valesco Group
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Accor announces the successful disposal of its Paris headquarters building for €460 million to the Valesco Group

In line with the announcement made on September 28th, 2022, Accor announces having successfully completed the disposal of its headquarters building, “Sequana Tower”, for €460 million to The Valesco Group. This transaction is the largest office deal of the year in Continental Europe and largest office deal in France since 2022.

London-headquartered Valesco completes €460m Paris Sequana Tower acquisition

London-headquartered Valesco completes €460m Paris Sequana Tower acquisition
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Accor: We exceeded our financial and non-financial targets

“Tourism recovered substantially in 2022 and our performances, up strongly in all regions, reflected that rebound, Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said. We exceeded our financial and non-financial targets and can look to the future with serenity. Our brands are attractive, our distribution is powerful, our teams are talented and motivated,“Tourism recovered substantially in 2022 and our performances, up strongly in all regions, reflected that rebound, Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said. We exceeded our financial and non-financial targets and can look to the future with serenity. Our brands are attractive, our distribution is powerful, our teams are talented and motivated, » The FINANCIAL Travel Biz

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