ACRFF - Accor Is Europe's Largest Hotel Operator And Has A Promising Growth Plan
Accor Hotels Overview
France-based Accor (ACRFF) (ACRFY) group is probably mostly unknown to US-investors, but it is the second biggest hotel chain outside the US with almost 2 billion Euros in annual turnover. While the below chart is from 2015 and no longer fully accurate, Accor’s position as the second-largest non-US hotel chain still stands.
What makes Accor so interesting to me is its geographical focus. While the company has a negligible footprint in the US, it is strong in Europe and is growing fast in Asia and the Middle East, the