Accor SA

AC: XPAR (FRA)
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Accor Earnings: Overall Demand Intact, but War in Iran Affecting Demand in the United Arab Emirates

Accor's first-quarter revenue update showed a 5.1% increase in revenue per available room. or revPAR, but growth slowed to 1.6% in March as the conflict in the Middle East had an impact on demand in the United Arab Emirates. Brand development was healthy, with room growth up 3.8%.

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