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View Full Version : Accor Sales Miss Estimates as Weakening Economies Hurt Hotels - Bloomberg



NewsWhore
04-16-2009, 02:10 PM
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Accor Sales Miss Estimates as Weakening Economies Hurt Hotels (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaW9MKXIBbHd8%26refer%3Dhome&cid=1334938109&ei=E2jnSe_PI5SA7QPZ2_jsBw&usg=AFQjCNGKRnjxu59ToDiXkfJt3k-St5OsQA)
Bloomberg
First-quarter sales at the hotel division fell 8.7 percent to 1.18 billion euros, excluding effects of acquisitions and currency swings. Revenue at the upscale and mid-range hotels, which also include the Mercure and Pullman brands, declined by 9.2 ...


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