Hotel chain Accor reports jump in profits

21st February, 2016
4
Accor: Sofitel, Ibis, Novotel among its brands

Europe’s largest hotel operator Accor, which owns hotel brands such as Sofitel, Novotel and Ibis, has reported an 11 per cent increase in its profits.

“AccorHotels delivered an outstanding performance in 2015: growth in revenue, a big improvement in earnings and a more robust financial position. The momentum driven by the strategic, operational and cultural transformation and the quality of the performance and motivation of our teams are clearly producing results in all of...

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