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Accor: First-quarter 2023 revenue of 1,139m. euros up 54% like-for-like - TravelDailyNews International

Accor: First-quarter 2023 revenue of 1,139m. euros up 54% like-for-like - TravelDailyNews International
traveldailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from traveldailynews.com Daily Mail and Mail on Sunday newspapers.

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First-quarter 2023 revenue of €1,139 million up 54% like-for-like

The first quarter of 2023 demonstrated once again the robustness of the business recovery, quarter after quarter. This further acceleration in RevPAR (up 19% compared with first-quarter 2019) notably reflects the rebound of hotels in Asia following the lifting of the strict zero-COVID policy in China in late 2022. All the other regions also contributed to maintaining business activity at a substantially higher level than before the crisis. ....

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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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