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Article: Accor: 2009 Nine-Month Revenue Down 8.2% Like-for-Like.
- Article from:
- PR Newswire
- Article date:
- October 15, 2009
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PARIS, October 15 /PRNewswire-FirstCall/ --
In an economic environment that has seen no significant improvement,
- Prepaid Services revenue rose by 3.6% like-for-like despite
rising unemployment and the steep decline in interest rates worldwide.
- Hotel revenue retreated by 10.7% like-for-like, with the
Economy segment showing relatively good resilience, particularly in
France.
Consolidated revenue for the first nine months of 2009 totaled EUR5,258 million, down 8.2% like for like and 8.9% on a reported basis from the prior-year period.
(in EUR millions) 2008 2009
(9 months) ...