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Accor

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Accor tops annual core profit forecast, upbeat on 2024

UPDATE 1-Accor tops annual core profit forecast, upbeat on 2024 Adds details in paragraphs 2,4,5,6,8, CFO's quote in paragraph 3 Feb 22 (Reuters) - Europe's biggest hotel group Accor ACC.PA posted a bigger-than-expected jump in annual core profit on Thursday, boosted by strong performances across all its markets, and forecast an upbeat 2024, driven by major international events.
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Accor FY Net Profit Group Share Up 57% At 633 Million Euros

BRIEF-Accor FY Net Profit Group Share Up 57% At 633 Million Euros Feb 22 (Reuters) - Accor SA ACCP.PA : FY EBITDA UP 49% TO €1,003 MILLION FY NET PROFIT GROUP SHARE UP 57% AT €633 MILLION FY REVENUE UP 20% TO €5,056 MILLION IN 2023, ACCOR OPENED 291 HOTELS, CORRESPONDING TO 41,000 ROOMS, I.E., NET NETWORK GROWTH OF 2.4% IN THE LAST 12 MONTHS
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Accor tops annual core profit forecast, says it's confident for 2024

Accor tops annual core profit forecast, says it's confident for 2024 Feb 22 (Reuters) - Europe's biggest hotel group Accor ACC.PA posted a bigger-than-expected jump in annual core profit on Thursday, breaking the 1 billion euro ($1.1 billion) mark for the first time in its history, boosted by solid performances across its markets. The operator of brands including Ibis and Novotel said its earnings before interests, taxes, depreciation and amortisation jumped 49% to 1 billion euros last year, abo
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CoStar, luxury hotels hit with US consumer price-fixing lawsuit

REFILE-CoStar, luxury hotels hit with US consumer price-fixing lawsuit Fixes typo in 5th paragraph By Mike Scarcella Feb 21 (Reuters) - Commercial real estate information giant CoStar CSGP.O has been sued in a proposed consumer class action accusing it and a group of luxury hotel operators, including Hilton HLT.N , Hyatt H.N and Marriott MAR.O , of conspiring to keep room rental prices artificially high.
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Raffles Hotels & Resorts And NEOM Unveil Plans To Debut A New Resort In Trojena

BRIEF-Raffles Hotels & Resorts And NEOM Unveil Plans To Debut A New Resort In Trojena Feb 19 (Reuters) - NEOM RAFFLES HOTELS & RESORTS TO DEBUT IN TROJENA RAFFLES HOTELS & RESORTS AND NEOM UNVEILED PLANS TO DEBUT A NEW RESORT IN TROJENA RESORT SLATED TO OPEN IN 2027
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