Accor SA (XTER:ACR)

€ 44.14 0.27 (0.62%) Market Cap: 10.73 Bil Enterprise Value: 13.51 Bil PE Ratio: 19.13 PB Ratio: 2.39 GF Score: 88/100

Q1 2022 Accor SA Corporate Sales Call Transcript

Apr 28, 2022 / 04:00PM GMT

Release Date Price: €31.05 (+3.22%)

Transcript

Operator

Hello, and welcome to the Accor Q1 2022 Revenue Conference Call. My name is Jess, and I will be your coordinator for today's event. (Operator Instructions)

I will now hand over to your host, Jean-Jacques Morin, Deputy CEO and CFO, to begin today's call. Thank you.

Jean;Jacques Morin

Accor SA - Deputy CEO & CFO

Thank you very much. Good evening, ladies and gentlemen. I'm very happy to be with you today for this Q1 '22 revenue call.

Before we start the presentation and for the sake of clarity, we will continue to provide the RevPAR variation by region versus 2019 for this year. This is to ease the understanding of performance and notably because of some base effects. As for our revenue figures, we provide both the variation versus Q1 '21 and Q1 '19 in the document.

So with that and without further ado, let's move to the Slide #3, where you've got the highlights of the quarter. Very happy to report that Q1 continues to show an improved business performance and momentum. Q1 '22 RevPAR more than doubled versus Q1

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