• Accor reports show decreasing revenue in first half of 2021

    1 month ago - By Travel and Tourworld

    Accor has reported consolidated revenue of €824 million for the first half of 2021. The figure is six per cent down on a like-for-like basis when compared to the first-half of last year, but 53 per cent down on the same period of 2019.
    RevPAR fell by 60 per cent against the first six months of 2019. The company said the decline masks very mixed situations by country. Certain regions experienced a remarkable improvement from the first quarter of the year, while others continued to be hard-hit by government restrictions linked to the Covid-19 health crisis.
    As of June, the group had a...
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