French hotel giant Accor first half sales up 6.1 percent

20th July 2010, Comments 0 comments

French hotel and services giant Accor said Tuesday that its first half sales rose 6.1 percent to 2.85 billion euros (3.68 billion dollars) as demand picked up.

Accor said a recovery in the first quarter had continued into the second in most of its markets, with medium- to high-end offerings doing well while its budget sites did especially well in Europe.

Occupation rates had improved and prices stabilised, it added.

© 2010 AFP

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