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Top related persons:
Accor - 1 Sébastien Bazin - 1 Yi Zhong - 1 Tristan Veyet - 1 Gaëlle Sheehan - 1 Sherry Jacob - 1 Phillips - 1
Top related locs:
Accor AlphaValue Gdansk
Top related orgs:
Europe's - 1 Barclays - 1 Thomson - 1

Search resuls for: "Yi Zhong"


2 mentions found


☆ Accor plans to add more than 1,200 hotels
  + stars: | 2023-06-27 | by ( ) www.reuters.com   time to read: +2 min
June 27 (Reuters) - Accor (ACCP.PA) plans to open more than 1,200 hotels in the next five years, increasing the number of its resorts by more than one-fifth, Europe's biggest hotel group said on Tuesday. Accor also raised its outlook at its capital markets day, forecasting its 2023 revenue per room (RevPAR) to grow by 15% to 20% amid reorganisation plans that were implemented in January. Accor said it plans to return around 3 billion euros to shareholders in that period via dividends and share buybacks. "We expect a positive share price performance today and we will probably upgrade our recommendation on Accor as the updated mid-term guidance is stronger than expected," said analyst Yi Zhong at AlphaValue. ($1 = 0.9153 euros)Reporting by Tristan Veyet and Gaëlle Sheehan in Gdansk; editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.
Persons: Accor, Sébastien Bazin, Yi Zhong, Tristan Veyet, Gaëlle Sheehan, Sherry Jacob, Phillips Organizations: Europe's, Barclays, Thomson Locations: Accor, AlphaValue, Gdansk
☆ Two investors opposed to debt plan call for Orpea shareholder meeting
  + stars: | 2022-11-09 | by ( Andreas Rinke | Christina Amann | ) www.reuters.com   time to read: +2 min
Nov 9 (Reuters) - Two shareholders that together own more than 5% of France's Orpea (ORP.PA) have called for a shareholder meeting at the beleaguered care homes group as they try to rally opposition to its planned debt restructuring plan. "An unprecedented shareholder ruin is now emerging", family-owned Mat Immo Beaune and investment group Nextstone said in a letter sent to Orpea on Tuesday and reviewed by Reuters. Orpea said in June an independent audit had found evidence of financial wrongdoing, and in October warned of asset impairments and said it had requested talks with creditors. French media outlet l'Agefi on Monday reported ESG-driven fund Mirova had sold its 4% stake in Orpea. Shares in Orpea, which have lost 90% of their value this year, were down 2% at around 1100 GMT.
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