Accor Reports Q3 2023 Results
According to Accor, hotel demand remained strong throughout Q3 2023, with RevPAR up 15 percent compared with the prior year despite a high comparable basis (RevPAR in Q3 2022 was up 14 percent compared with Q3 2019). The underlying dynamics observed in previous quarters remained constant, with the average price still high and a marked improvement in the occupancy rate, which slightly lags the level of 2019. All regions and segments contributed through solid operating […]
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U.S. hotel results for week ending Nov. 9
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