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Accor Warns of Q4 Slowdown in France and Middle East
financeSkift··1 min·For: Investor, Owner, GM, Revenue

Accor Warns of Q4 Slowdown in France and Middle East

Accor has adopted a cautious year-end outlook due to civil unrest in France and ongoing geopolitical instability across the Middle East. The two affected regions collectively generate roughly one-third of the hotel group's global room revenue.

Key Takeaways

  1. 1France accounts for 23% of Accor's room revenue, with Paris representing 12%
  2. 2Middle East markets generate 11% of global room revenue, led by Saudi Arabia and the UAE
  3. 3CFO Martine Gerow cited regional conflicts and French riots for the prudent guidance

Read original source →

Source: Skift

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