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Article: Accor: First-Half 2009 Revenue Down 8.1% Like-for-Like.
- Article from:
- PR Newswire
- Article date:
- July 16, 2009
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PARIS, July 16 /PRNewswire-FirstCall/ --
In a severely deteriorated economic environment
- Prepaid Services revenue grew 5.7% like-for-like.
- Hotels revenue continued to decline, contracting 11.4% like-for-like.
Consolidated revenue for the first half of 2009 totaled EUR3,410 million, down 9.3% on a reported basis and 8.1% like-for-like over first-half 2008.
(in EUR millions) First-half First-half Change as Change
2008 2009 reported like-for-like(1)
Hotels2,803 2,534 -9.6% -11.4%
Upscale and Midscale 1,671 1,472 ...