AccorHotels says attacks hit France in Q3; weak post-Brexit pound boosts UK

AccorHotels says attacks hit France in Q3; weak post-Brexit pound boosts UK
 

AccorHotels (ACCP.PA), Europe's top hotels group, cut back the upper end of its 2016 profit target range on Tuesday after French and Belgian operations were hit by security fears in the third quarter.
The world's fifth-largest hotel group said these two countries remained a major point of vigilance for the group even though it achieved robust growth in most of its other key markets - including Britain, where the weak post-Brexit pound induced people to stay in the country for their holidays and attracted foreign visitors.
AccorHotels, undergoing an overhaul begun by Chief Executive... read more

 
18 October 2016 in Business, Views: 49
Source: Reuters
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