Accor (OTC:ACCYY) Stock, Quote.Headers.trade-ideas

Accor operates 850,285 rooms across nearly 50 brands, addressing the economy through luxury segments as of December 2024. Ibis (economy scale) is the largest brand (18% of total rooms at the end of 2024), followed by midscale brands Mercure (16%) and Novotel (13%). FRHI offers additional luxury and North American exposure. After the sale of the majority of HotelInvest (owned assets) in 2018-19, the majority of total EBITDA comes from asset-light managed and franchised hotels. Europe and North Africa represent 42% of rooms, Asia-Pacific 35%, the Americas 12%, and India, Middle East, and Africa 11%. Premium, midscale, and economy are 84% of total rooms, while luxury and lifestyle are the remaining 16%.

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Morgan Stanley analyst Jamie Rollo conducted an online survey of 135 corporate travel managers responsible for about $8 billion in travel spend with a global spread of operations, and shared the findings.

Shift To Virtual Meetings Declines, Boosting Hotel Industry Outlook: Morgan Stanley

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On Sunday, we learned that the postponed French Open could still be happening, just without fans.

The French Open Could Still Happen, Just Behind Closed Doors

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Stocks That Hit 52-Week Lows On Friday

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Accor, Paris 2024 Premium Partner, unveils its press kit

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Kylian Mbappé and Accor Forge Alliance to Empower Younger Generations

Accor unveils an outstanding line-up of new hotels, resorts and hospitality experiences debuting in 2025

Fairmont Chateau Lake Louise Unveils "BASIN Glacial Waters," Opening Summer 2025

Accor will bring luxury hospitality to both city and country in the culturally rich region of Rajasthan

Raffles Hotels & Resorts to Debut a Haven of Enchanted Glamour in Mexico

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Accor (OTC:ACCYY) Stock, Quote.Headers.trade-ideas

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