A growth in management contracts and franchise agreements has helped increase worldwide gross revenue at French-hotel group Accor by 6.7% to £4.86b, during the first half of 2013.
The strong increase in revenue was driven by favourable results in the second quarter with like-for-like revenue up 3.3%.
A total of 9,940 new bedrooms opened across the globe during the first six months of the year, 80% of which are either franchised or managed properties.
In the UK, occupancy at the group's upscale and midscale hotels since the beginning of the year increased by1.3 percentage points to 77.7%, while average room rate rose by 3.8% to £85 and revenue per available room (revpar) climbed by 5.6% to £66.
Across Accor's economy hotels in the UK, occupancy grew by 0.9 percentage points to 77.1%, average room rate increase by 6.7% to £49 and revpar par rose by 8.1% to £38.
http://www.catererandhotelkeeper.co.uk/Articles/20/2/2013/347501/accor-sees-turnover-and-profit-rise-in-2012-as-it-gears-up-for-further-growth.htm" target="_blank" rel="noreferrer">
Accor sees turnover and profit rise in 2012 as it gears up for further growth >>