AC.PA - Accor SA

Paris - Paris Delayed Price. Currency in EUR
45.51
+0.51 (+1.13%)
At close: 5:37PM CEST
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Previous Close45.00
Open44.99
Bid38.00 x 10000
Ask38.65 x 22600
Day's Range44.95 - 45.51
52 Week Range38.51 - 48.38
Volume739,676
Avg. Volume939,934
Market Cap13.08B
Beta0.83
PE Ratio (TTM)32.46
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.05 (2.40%)
Ex-Dividend Date2018-05-11
1y Target EstN/A
  • AccorHotels to pursue acquisitions, no special dividend
    Reutersyesterday

    AccorHotels to pursue acquisitions, no special dividend

    AccorHotels (ACCP.PA), Europe's biggest hotel group, will make further acquisitions in coming years, using cash from the sale of a majority stake in its property business rather than paying a special dividend, its chief executive said on Friday. The French company, with more than 4,000 hotels ranging from luxury Sofitels to the budget Ibis brand, has said the deal would boost growth and help it fight rising challenges posed by companies such as Airbnb and online travel agents. "We decided it would not be appropriate to have a special dividend," chief executive Sebastien Bazin told the Accor annual shareholders meeting on Friday.

  • Reutersyesterday

    AccorHotels to pursue acquisitions, no special dividend

    AccorHotels, Europe's biggest hotel group, will make further acquisitions in coming years, using cash from the sale of a majority stake in its property business rather than paying a special dividend, its chief executive said on Friday. Having spent more than six billion euros on acquisitions since 2014, Bazin said AccorHotels will continue to focus on smaller, bolt-on deals in coming years, possibly lifting its portfolio of brands to 40 within 5 years from a current 25.

  • Reutersyesterday

    BRIEF-AccorHotels to pursue bolt-on acquisitions - CEO

    April 20 (Reuters) - Accorhotels CEO Sebastien Bazin tells the annual shareholdrs Meeting:: * will keep investing in bold on deals, having spent over 6 billion euros on M&A since 2014 * AccorHotels could ...

  • Simply Wall St.2 days ago

    Should You Sell Accor SA (EPA:AC) At This PE Ratio?

    Accor SA (ENXTPA:AC) is trading with a trailing P/E of 38x, which is higher than the industry average of 24.4x. While this makes AC appear like a stock to avoidRead More...

  • France's AccorHotels upbeat about 2018 after strong first-quarter sales
    Reuters3 days ago

    France's AccorHotels upbeat about 2018 after strong first-quarter sales

    AccorHotels (ACCP.PA), Europe's biggest hotel group, was upbeat about 2018 prospects after reporting a 9.5 percent rise in first quarter revenue, driven by robust business in Europe and Asia while growth resumed in Brazil. "After this strong quarter, the group looks at the second quarter with confidence and optimism," Chief Financial Officer Jean-Jacques Morin told journalists. AccorHotels, which competes with InterContinental (IHG.L), Marriott (MAR.O) and Starwood said revenue per available room (RevPAR), a key gauge of activity, rose 4.6 percent in Europe during the quarter.

  • European stocks rally as trade fears ease; Ubisoft up 8%
    CNBC16 days ago

    European stocks rally as trade fears ease; Ubisoft up 8%

    European equities rose sharply higher Thursday morning as trade tensions eased.

  • Accor Buys Stake in Mantis to Expand Network of African Hotels
    Bloomberg17 days ago

    Accor Buys Stake in Mantis to Expand Network of African Hotels

    Accor SA, Europe’s biggest hotel operator, plans to buy a 50 percent stake in South Africa’s Mantis Group as part of its expansion plans on the continent.

  • Reuters2 months ago

    Eurazeo says exiting AccorHotels' capital

    French private equity company Eurazeo said on Tuesday it was selling its remaining 4.20 percent stake in AccorHotels to institutional investors. The sale through an accelerated book building will be managed by Goldman Sachs International acting as bookrunner, it said. Based on the AccorHotels' closing price of 45.64 euros on March 6, the 12,185,303 shares were worth 556 million euros ($689.00 million).

  • AccorHotels' shares fall as property stake sale disappoints some
    Reuters2 months ago

    AccorHotels' shares fall as property stake sale disappoints some

    Shares in AccorHotels fell on Wednesday as some analysts expressed disappointment over the terms of the 4.4 billion euros (£3.9 billion) sale of 55 percent of the company's AccorInvest property business. Accor announced late on Tuesday the plans to sell the majority holding to investors including Saudia Arabia's PIF and Singapore's GIC sovereign funds, as well as Credit Agricole Assurances, Colony NorthStar and Amundi. Analysts at Berenberg said some investors might have felt a bit letdown by the price, although any such disappointment on that front would be offset by Accor's plans for a share buyback.

  • Reuters2 months ago

    Deals of the day-Mergers and acquisitions

    (Adds Comcast, AccorHotels, POSCO, Kushner Cos, Bayer, Crispian, Embraer, ScotiaMocatta, Exxon, Alibaba, Blackstone' Yunnan Aluminium; Updates Qualcomm) Feb 27 (Reuters) - The following bids, mergers, ...

  • Reuters2 months ago

    AccorHotels announces long-awaited property spin-off

    French hotel group AccorHotels (ACCP.PA) said on Tuesday it had agreed to sell 55 percent of its AccorInvest property business to a group of sovereign and institutional investors for 4.4 billion euros ($5.3 billion). The company announced plans to sell the majority holding to investors including Saudia Arabia's PIF and Singapore's GIC sovereign funds, as well as Credit Agricole Assurances (CAGR.PA), Colony NorthStar and Amundi (AMUN.PA). Paris-based AccorHotels, which has more than 4,000 hotels ranging from luxury Sofitels to the budget Ibis brand, has said the stake sale will give it greater financial leeway to accelerate growth and fight the rising challenges from companies such as Airbnb and online travel agents.

  • Accor Sees $1.65 Billion Share Buyback After Unit Stake Sale
    Bloomberg2 months ago

    Accor Sees $1.65 Billion Share Buyback After Unit Stake Sale

    Accor SA plans to buy back as much as 1.35 billion euros ($1.65 billion) of shares over the next two years after the hotel operator agreed to sell a majority stake in its property business.

  • Accor's Bazin Is Excited About Europe, Pacific Markets
    Bloomberg2 months ago

    Accor's Bazin Is Excited About Europe, Pacific Markets

    Accor Chairman and CEO Sebastien Bazin discusses expansion plans and performance of the company. He speaks on "Bloomberg Daybreak: Europe." (Source: Bloomberg)

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of AC.PA earnings conference call or presentation 21-Feb-18 7:30am GMT

    Full Year 2017 Accor SA Earnings Presentation

  • Reuters2 months ago

    AccorHotels closes in on property deal after record profit

    AccorHotels' long-delayed sale of a stake in its property business is in its final stages, Europe's largest hotel company said on Wednesday, after reporting record 2017 earnings. The French group, with more than 4,000 hotels ranging from luxury Sofitels to the budget Ibis brand, also expressed confidence over prospects for this year and over potential returns to investors once the property deal is sealed. AccorHotels has said the stake sale, now delayed by more than six months, will give it greater financial leeway to accelerate growth and fight the rising challenges from companies such as Airbnb and online travel agents.

  • AccorHotels CEO: We're changing the business model
    CNBC Videos2 months ago

    AccorHotels CEO: We're changing the business model

    Sebastien Bazin discusses AccorHotels' decision to sell more than 50 percent of its real estate business.

  • Accor's Bazin Is Excited About Europe, Pacific Markets
    Bloomberg Video2 months ago

    Accor's Bazin Is Excited About Europe, Pacific Markets

    Feb.22 -- Accor Chairman and CEO Sebastien Bazin discusses expansion plans and performance of the company. He speaks on "Bloomberg Daybreak: Europe."