Accor Reports First-Half Sales Gain as Hotel Occupancy Recovers

July 20 (Bloomberg) -- Accor SA, Europe’s largest hotel company, said first-half sales rose as occupancy improved.

Revenue climbed 6 percent to 2.85 billion euros ($3.7 billion), the Evry, France-based company said in a statement today. Excluding the services unit, which was spun off this month, second-quarter sales increased to 1.72 billion euros from 1.57 billion euros a year earlier, beating the 1.64 billion-euro average estimate from four analysts surveyed by Bloomberg.

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