Accor 3Q Revenue -8.4%, Maintains Full-Year Outlook | wsj.com
French hotels and services group Accor SA (AC.FR) Thursday reported an 8.4% decline in third-quarter revenue, and said sales in the hotels business will remain sluggish through the rest of the year, as will those in the company's growth driver, prepaid services. While saying there is an absence of visibility going forward, Paris-based Accor maintained its full-year guidance, saying operating profit before tax and non-recurring items will come in between EUR400 million and EUR450 million
