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AccorHotels upbeat on 2017 profit target after Q3 sales

Published Fri, Oct 20, 2017 · 09:50 PM
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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 well as budget brands such as Ibis, said third-q…

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