Accor 1Q Revenue Up As Hotels Show Some Recovery | wsj.com

French hotels and services company Accor SA (AC.FR) Tuesday said first-quarter sales rose 3.1%, lifted by its upper-range hotels, as a recovery began. Revenue for the quarter to March 31 was EUR1.67 billion, up from EUR1.62 billion a year earlier, beating expectations for EUR1.63 billion in a Dow Jones Newswires poll of four analysts. Upscale and midscale hotels, which include the Pullman, Novotel and Mercure brands, led the recovery, Accor...