Accor First-quarter 2010 revenue up 3.1% as reported and

Initial encouraging trends observed in late fourth-quarter 2009 remain in effect:


· Prepaid Services revenue down 0.4% like-for-like, reflecting a 3.8% increase in

operating revenue and a 29.5% decline in financial revenue.

· Revenue from Hotels and Other Businesses up 0.8% like-for-like, of which a 1.6% gain

for Hotels, with signs of improvement, especially in occupancy rates, which rose in

Upscale and Midscale hotels and stabilized in the Economy segment in Europe.
 
Read More: