|Bid||38.00 x 10000|
|Ask||38.65 x 22600|
|Day's Range||40.78 - 41.03|
|52 Week Range||32.12 - 43.60|
|PE Ratio (TTM)||50.10|
|Dividend & Yield||1.18 (2.55%)|
|1y Target Est||N/A|
Half Year 2017 Accor SA Earnings Call
AccorHotels will re-group three of its luxury home-rental divisions under its 'onefinestay' brand, as the French hotelier steps up efforts to counter the challenge of Airbnb and other online booking services. AccorHotels said it would group the Travel Keys and Squarebreak units under the umbrella of the 'onefinestay' brand before the end of the year. The move will allow guests of 'onefinestay' to have access to over 10,000 rental spaces as well as hospitality and concierge services around the world, the company said.
Short-term rental website Airbnb said on Thursday it had proposed for Paris and other large French cities to create automated limits to ensure its hosts did not rent their property beyond the 120 days a year legal limit for a main residence in France. Airbnb was reacting after a Paris city council decision on Tuesday made it mandatory from December for people renting their apartments on short-term rental websites such as Airbnb to register their property with the town hall. "We had proposed Paris and other large French cities an alternative to the registration with the automatic blocking to 120 nights of lodgings on Airbnb in order to avoid hidden professional use (of the service)," Airbnb spokesman Aurelien Perol told Reurers.