Accor, a big hotel company, had a great year! Its profits went up 11% because its fancy hotels did really well. They're planning to open more hotels in places like China and India.
- Accor's fancy hotels grew much faster than its regular hotels.
- They're getting rid of some hotels that aren't doing so well to keep their brands strong.
- They're focusing on both fancy hotels and more affordable ones.
Fact | Number |
---|---|
Overall Revenue Increase | 11% |
Luxury Hotel Growth | 19% |
Regular Hotel Growth | 5% |
Total Number of Hotels | Over 5600 |