Streetbeat News

ACCYY

Accor

https://group.accor.com/

CEO

Sebastien Bazin

Industry

Travel Agencies

Open

9.80

Mkt cap

12B

Volume

375

High

9.95

P/E Ratio

19.49

52-wk high

10.61

Low

9.80

Div yield

0.03

52-wk low

7.02

Accor, a French lodging firm, has shown solid performance in 2024 with growth in net unit count, RevPar, fees, and EBITDA. Despite a 11% return over the past year, its shares trade at a discount compared to peers, suggesting potential for further growth.

Portfolio Pulse from

March 08, 2025 | 12:15 pm

Accor CEO Sebastien Bazin expressed optimism about the hospitality industry's growth over the next 5-20 years, highlighting strong traveler demand and a positive growth outlook. He also discussed potential impacts of tariffs.

Portfolio Pulse from

February 27, 2025 | 12:45 pm

Accor SA is expected to see a 40% upside by 2025 due to strong growth in leisure travel, net unit growth, and capital returns. The company's valuation gap with peers like IHG is at a historical low, indicating potential for a re-rating.

Portfolio Pulse from

February 19, 2025 | 5:45 am

The article reviews travel trends for 2024 and provides a forecast for 2025, as analyzed by ALL, Accor's booking platform. It may mention Accor's US-listed ADR, ACCYY.

Portfolio Pulse from

January 16, 2025 | 3:15 pm

The article discusses the 2024 analysis and 2025 prospects by ALL, Accor's booking platform. It focuses on travel trends and future expectations.

Portfolio Pulse from

January 16, 2025 | 2:45 pm

Travel + Leisure Co. has agreed to acquire the vacation ownership business of Accor for $48.4 million. The acquisition is expected to be immediately accretive to Travel + Leisure Co. and aligns with their strategy of expanding their vacation brand portfolio. This deal also sets the stage for the development of new timeshare products in the Asia Pacific, Middle East, Africa, and Turkey regions under the Accor Vacation Club brand.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 6:25 am

Morgan Stanley's 21st annual Global Hotel Corporate Travel Survey indicates a positive outlook for the hotel industry. The survey found that 2024 travel budgets are expected to be 8% above 2023, well above consensus expectations for 2% RevPAR growth. About 40% of respondents have returned to pre-COVID travel levels. Room rates are expected to increase by 5% YoY in 2024, with 5-6% growth expected for major global chains like Marriott, Hilton, InterContinental Hotels Group, and Accor SA. The shift to virtual meetings is declining, providing a tailwind to spend.

Portfolio Pulse from Shivani Kumaresan

November 06, 2023 | 6:46 pm

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