Last $44.55 USD
Change Today 0.00 / 0.00%
Volume 0.0
ACRFF On Other Exchanges
ACRFF is not on other exchanges.
As of 8:10 PM 11/21/14 All times are local (Market data is delayed by at least 15 minutes).

accor sa (ACRFF) Key Developments

Action Hotels Signs Agreement with Accor Group

Action Hotels have signed a Hotel Management Agreement giving Accor Group the long-term management of Action's third hotel in Kuwait. Construction of the 160-room Novotel Hotel is expected to cost approximately $29 million, with an average of $181,000 per room, in addition to the $12.3 million already paid to secure the plot of land. Construction is set to start by mid-2015, with the hotel set to open its doors in 2017.

Marcato Urges Intercontinental Hotels To Consider Merger With Rival

Marcato Capital Management, LLC said that Intercontinental Hotels Group plc (LSE:IHG) should consider a possible merger with one of six rivals: Starwood Hotels & Resorts Worldwide Inc. (NYSE:HOT), Marriott International, Inc. (NasdaqGS:MAR), Hilton Worldwide Holdings Inc. (NYSE:HLT), Wyndham Hotels and Resorts, LLC, Hyatt Hotels Corporation (NYSE:H) and Accor S.A. (ENXTPA:AC). Marcato said, "Each of these companies would be a fit for IHG by broadening its geographic footprint in the most desirable hospitality markets, expanding chain scale diversification, increasing asset-light earnings, realizing cost savings, improving system fund benefits, and lowering cost of capital." Richard "Mick" McGuire, the founder of Marcato, says in an open letter to shareholders of Intercontinental Hotels that he built up its stake in the business over concerns that the board was not giving due consideration to the strategic alternatives available in the current industry and M&A environment. Marcato said that an all-stock combination with another major hotel operator could deliver a premium upwards of 100% over Intercontinental’s current share price, creating a divserified hotel management company.

Accor Opens Ibis Hotel in Krabi, Thailand

Accor has announced with the opening of the ibis Styles Krabi Ao Nang. This newly-built 206-room hotel is just a 20-minute drive from Krabi International Airport and a 15 minute boat ride from Railay Beach. The hotel provides a shuttle service for the short ride to the beautiful beach of Ao Nang alongside restaurants, bars and shops.

Accor S.A. Announces Revenue Results for the Third Quarter of 2014; Provides Earnings Guidance for the Full Year of 2014

Accor S.A. announced revenue results for the third quarter of 2014. For the quarter, the company reported total revenue of EUR 1,459 million, up 4.6% like-for-like pro forma and 3.3% as reported. This consolidates the positive trend observed in the first half of the year, resulting in a 3.4% like-for-like increase for the nine months to end-September. The company confirmed its EBIT target of between EUR 575 and EUR 595 million for full year of 2014.

Accor And Others Reportedly Eye Louvre Hotels

Accor S.A. (ENXTPA:AC) is known to be among the potential suitors for the acquisition of Louvre Hotels SAS from Starwood Capital Group, a source close to the matter said. "Accor is looking at the dossier but the process is at an early stage," the source said. French daily Les Echos reported that Starwood looking at divesting Louvre Hotels and Accor was among the buyers that had submitted non-binding offers. The report added that the sale could fetch €1.2 billion - €1.5 billion ($1.5 billion -1.9 billion). Les Echos added that among other potential buyers are PAI Partners, CVC Limited (ASX:CVC), The Blackstone Group, Private Equity Group, and Fonciere Des Murs (ENXTPA:FMU). Accor’s shares were off 0.99% at €31.48.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ACRFF:US $44.55 USD 0.00

ACRFF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
easyJet PLC 1,547 GBp -6.00
Expedia Inc $85.10 USD +0.41
MGM Resorts International $22.79 USD +0.07
Ryanair Holdings PLC €8.48 EUR +0.069
Wyndham Worldwide Corp $80.64 USD +1.02
View Industry Companies

Industry Analysis


Industry Average

Valuation ACRFF Industry Range
Price/Earnings 49.0x
Price/Sales 1.4x
Price/Book 2.2x
Price/Cash Flow 16.2x
TEV/Sales 0.4x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ACCOR SA, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at