Accor SA

Accor posted Q1 revenue €1.31bn, up 2.3% constant currency but 2.7% below expectations due to FX headwinds. RevPAR rose 5.1% across the group, beating consensus of ~3.6% and JPMorgan estimate of 3.2%,

Accor posted Q1 revenue €1.31bn, up 2.3% constant currency but missing €1.33bn consensus due to FX headwinds. RevPAR rose 5.1% across the group, beating consensus of ~3.6%, with Luxury & Lifestyle up