Accor has claimed consolidated initially-quarter profits of €361 million for 2021.
The figure is down 53 for each cent on a noted basis in opposition to final year, and down 57 for each cent when in contrast to pre-Covid initially quarter of 2019.
RevPAR at the French lodge giant fell by 64 per cent vs . quarter a person of 2019, reflecting an environment that stays really hard hit by the Covid-19 epidemic.
There had been, however, important 12 months-on-yr enhancements in south Europe, Australia, the Center East and North America, the corporation stated.
In complete, 87 for every cent of Accor accommodations are presently open up, with more than 4,500 homes in operation.
Sébastien Bazin, chief executive Accor, mentioned: “There had been no surprises in our 1st-quarter efficiency.
“Global business enterprise traits are increasing marginally and the ramp-up of the vaccine rollouts bodes very well for a particularly potent rebound.
“As it did in 2020, the team proceeds to maintain a near eye on shielding its hard cash and cutting costs.
“Today, all our attempts are targeted on the powerful restoration anticipated this summer time.”