Accor SA (XPAR:AC)
€ 44.01 0.83 (1.92%) Market Cap: 10.72 Bil Enterprise Value: 13.51 Bil PE Ratio: 19.13 PB Ratio: 2.39 GF Score: 87/100

Q3 2021 Accor SA Corporate Sales Call Transcript

Oct 27, 2021 / 04:00PM GMT
Release Date Price: €30.6 (-0.20%)
Operator

Hello, and welcome to the Accor 2021 Q3 analyst call. My name is Josh, and I will be your coordinator for today's event. Please note that this conference is being recorded (Operator Instructions) I now hand you over to your host, Jean-Jacques Morin, to begin today's conference. Thank you.

Jean;Jacques Morin
Accor SA - Deputy CEO & CFO

Thank you. Good evening, ladies and gentlemen. Happy to be with you today for this Q3 '21 revenue presentation. As we did back in April and July this year and for the sake of clarity, we will continue to provide the RevPAR variation versus 2019 for the rest of the year. And this is to ease the understanding of performance and notably because, as you all know, of base effects. As for revenue figures, we will provide both variation versus 2020 and 2019 in the document when it's relevant.

So without further ado, let's catch out the accelerating momentum of the business by going directly to Slide 3. So in July, we mentioned that we had seen a RevPAR improvement of about 5 points every month since April

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