Articles tagged “accor”

Accor expects full-year RevPAR growth to exceed 20%. 3Q RevPAR was up 15%, and they expect this momentum to continue.

Accor is having a happy, "Emily in Paris" kind of year. High-spending Americans thronged Europe this summer, helping the hotel giant beat expectations for revenue and profit.

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.

Accor CEO Sebastien Bazin said opening fewer hotels would lessen the industry's environmental impact, but that hotels also do a lot of good for society.

Industry leaders took to the stage at Skift Global Forum to decipher the trends facing today’s travel industry. Skift partnered with Accor to provide an overview of some of the most important conversations and insights shared at this year's event.

Amidst signs of resilience and revival, ICRA's report also highlights the financial strain that some airlines are under, despite incremental improvements. The Indian aviation sector, characterized by intense competition, high operational costs, regulatory issues, and market volatility, has historically been a challenging business environment for airlines.

Tracing its roots back to its original name, Quality Courts United, Choice has established itself as a prominent player through acquisitions.

Accor has signaled over several years that it plans to become more asset-light. Bloomberg News reports that the Paris-based hotel giant is about to take more steps as its owner-operator…

Accor plans to open 30 new properties in India, focusing on tier 2 and tier 3 cities, introducing additional brands like Swissotel, Movenpick, and Handwritten Collection.

Bringing cricket superfans into the picture as "quality assurance ambassadors" makes total sense because these die-hard sports enthusiasts are the ones who'll be hitting the road to catch their favorite matches. It's like MakeMyTrip saying, "Let's cater to the people who are at the heart of the action."