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Accor Defies Tourism Downturn With Solid Earnings
Press Release
July 17, 2008
Solid 5.2%
like-for-like growth in first-half 2008 revenue
• Strong 5.1% growth in the Hotels business, particularly in France and Germany
• Very robust 11.8% growth in Services
• Favorable outlook for both Services and European Economy Hotels (70% of 2007 consolidated EBIT)
Full release:
Accor_growth_results_July.pdf
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