Paris Olympics Boost Accor’s Profits
Accor's summer revenues see a substantial rise due to the Paris Olympics, propelling the company's growth.The French hotel group experienced a 12% revenue increase in the summer quarter, totalling €1.4…
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France’s Accor to exit Australian fund, sell two Beijing hotels
French hotel operator Accor SA (EPA:AC) said today it will sell its interest in an Australian fund plus two hotels in Beijing to a newly-created hotel investment trust, called A-Htrust,…