In earnings news from Accor Group, the French hotel company released their Q3 results last week reflecting a slight upturn for the first nince months of this year. Despite a European industry staggered by economic woes, Accor manages black ink.
hotel profits
Expedia Profits Slow: Shares Drop
The financials are in from Expedia. According to the reports, wile quarter 4 revenue was up by 6.7% at $787.1 million compared with the previous year, expenses took their toll virtually eliminating and growth for 2011.
InterContinental Hotels Shuffles Leadership
InterContinental Hotels appoints news leaders for Europe and other regions, while CEO Richard Simmons offers company profits report and prospectus. Holiday Inn Express India, and many other sectors are outlined.