>Accor Sees Long-Term Growth Helped by Expanding Hotels Demand

Share Button

>May 19 (Bloomberg) — Accor SA, Europe’s largest hotelier, said its long-term growth will be helped by “expanding demand” in both developed and emerging markets.

Accor, which owns the Novotel and Motel 6 chains, aims to become one of the world’s three leading hotel groups by 2015 and to add as many as 40,000 rooms a year, it said in a statement today, confirming earlier targets. The company currently has about 500,000 rooms in 90 countries.

Read More:

About the Author