Accor 2013 Revenue

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    • Gross revenue for the year up 2.8% to €11.5 billion.
    • Solid growth in all key markets during 2013, with Group revenue up 2.7% like-for-like and down 2.0% as reported.
    • Revenue from owned and leased hotels up 1.5%.
    • Revenue from management and franchise fees up 14.7%.
    • Strong increase of the fourth-quarter revenue: up 3.4% like-for-like and down 3.1% as reported due to a highly negative currency effect.
    • Full year EBIT target raised to around €530 million, from €510-530 million previously.

    Daniel Fountain / 28.01.2014

    Editor, Hotel Designs

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