Accor results strong

RESULTS released this week by AccorHotels show the group has sustained strong growth in the first quarter of 2018, with a revenue increase of 0.6%, and 9.5% like-for-like.

Chairman and ceo Sebastien Bazin said business was strong in the majority of regions, with Europe and Asia benefiting from a “buoyant environment.”

“Our new businesses are gradually gaining momentum.

“To complement this, the Group is pursuing its strategy of growth and consolidation of its ecosystem through targeted acquisitions,” Bazin added.