Accor traded at 50.44 this Friday June 26th, decreasing 1.18 or 2.29 percent since the previous trading session. Looking back, over the last four weeks, Accor lost 8.47 percent. Over the last 12 months, its price rose by 14.66 percent. Looking ahead, we forecast Accor to be priced at 47.15 by the end of this quarter and at 43.86 in one year, according to Trading Economics global macro models projections and analysts expectations.
Accor SA is a France-based hospitality group. It operates through three divisions: Hotel Services, Hotel Assets & Other and New Businesses. Hotel Services covers the activities of hotel management and franchise providing various services to its franchisees and hotels under management, such as the use of its brands, access to the centralized booking and purchasing system and to Accor Academie for employee training, among others. Hotel Assets & Other covers the owned and leased hotels activities, such as hotel design, construction, refurbishment and maintenance, among others. New Businesses offers digital solutions to independent hotels and restaurant owners, hotel booking services for companies and travel agencies, concierge services, digital sales for luxury and upscale hotel rooms and breaks and luxury home rentals owning a portfolio of more than 5,000 addresses worldwide. It operates globally owning more than 35 brands, from luxury to economy and more than 4,800 hotels.