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Last $45.90 USD
Change Today 0.00 / 0.00%
Volume 0.0
ACRFF On Other Exchanges
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As of 8:10 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

accor sa (ACRFF) Key Developments

AccorHotels Appoints Jayakrishnan Sudhakaran as New Director of Sales and Marketing for Grand Mercure Goa Shrem Resort

AccorHotels has appointed Jayakrishnan Sudhakaran as the new director of sales and marketing for Grand Mercure Goa Shrem Resort. In his role, Sudhakaran will be responsible for leading and improving all aspects of the sales and marketing communications and promoting brand strategies. During his 12 years in the hospitality industry, Sudhakaran has worked with brands like Hyatt and Taj. Prior to joining AccorHotels, he was the director of sales at Park Hyatt Resort and Spa in Goa for four years. His understanding of the Goa market is critical to his new at Grand Mercure Goa Shrem Resort.

Accor S.A., H1 2015 Earnings Call, Jul 30, 2015

Accor S.A., H1 2015 Earnings Call, Jul 30, 2015

AccorHotels Announces Sales Results for the Second Quarter and Earnings Results for the First Half of 2015; Provides Earnings Guidance for the Full Year 2015

AccorHotels announced sales results for the second quarter and earnings results for the first half of 2015. For the quarter, sales rose 3% to EUR 1.5 billion from EUR 1.46 billion the same period last year. For the first half, the company reported a 52% increase in profits. Net profit was EUR 91 million ($100 million) and an increase of 5.25% to EUR 2.7 billion in sales during the same period. The company provided earnings guidance for the full year 2015. The company outlined ambitious targets for the full year. The company lifted operating profit target to between EUR 650 million and EUR 680 million compared to EUR 604 million last year.

AccorHotels Partners with AAA ACTIVOS LDA to Open 50 Hotels in Angola

AccorHotels has announced a partnership with AAA ACTIVOS LDA to open 50 hotels in Angola from luxury to economy between 2015 and 2017. Carlos Manuel de Sao Vicente, Chairman of AAA, highlighted that this collaboration with AccorHotels was an unprecedented alliance in the global hospitality industry in Angola and that it aimed at addressing a growing international demand, with a network covering the whole territory. Over the next two years, 50 hotels will be opened in strategic locations, such as in Luanda, the Angola capital, and the 17 capitals of province: 6 hotels in 2015, 22 in 2016 and 22 in 2017. The offer will cover all segments of the hotel market, from luxury to economy, including midscale. 27 hotels will be operated under the banner of the economic ibis Styles brand, 22 under that of the midscale Mercure brand, and 1 under the luxury Sofitel brand.

AccorHotels Announces Executive Appointments, Effective July 01, 2015

AccorHotels has announced the appointment of Christophe Alaux as the new CEO of HotelServices for North and Central America. Patrick Mendes is appointed CEO HotelServices South America in order to pursue AccorHotels' expansion in this region and consolidate the leadership position the Group already occupies in this market. He will report to Sven Boinet, Deputy CEO, who will represent him on the Executive Committee in order to take full account of this region's issues. These appointments will be effective as of July 1st, 2015. They will replace Roland De Bonadona, who has decided to hand over his responsibilities after 42 years with AccorHotels. After spending the first part of his career working for Accenture and Carrefour in France and internationally, Christophe Alaux joined AccorHotels in August 2008 as COO Hospitality France.

 

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ACRFF

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Valuation ACRFF Industry Range
Price/Earnings 43.5x
Price/Sales 1.8x
Price/Book 2.7x
Price/Cash Flow 16.3x
TEV/Sales 0.7x
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