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How Accor Is Delivering Positive Change Through Procurement

Effective procurement processes can have a significant impact on the success and profitability of hospitality businesses. Having a centralized procurement platform can drive value for owners, partners, and clients by easing operations, optimizing costs, and maximizing performance.
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China YoY RevPAR Growth up 103% but Still Short of 2019

China hotel RevPAR last week was up 102.9% for the week year over year, up against an easy decline of -35.8% in 2022. When compared to the same week in 2019, China hotel RevPAR was down -2.8%.