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AccorHotels upbeat on 2017 profit target after Q3 sales

Sat, Oct 21, 2017 - 5:50 AM

Europe's biggest hotel group expects its 2017 operating profit to be at the upper end of a 460 million to 480 million euros range that was forecast in July.

PHOTO: REUTERS

Paris

ACCORHOTELS, Europe's biggest hotel group, on Thursday gave a rosier outlook, saying its 2017 operating profit would be at the upper end of a 460 million to 480 million euros range forecast in July.

The French company, which runs high-end chains such as Raffles and Sofitel as...

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