Accor seeks to revamp, optimize spending in a challenging economy

02/21/2013 | Reuters · Hotel Management online

Accor is looking to cut spending by 100 million euros between this year and next as Europe's biggest hotelier cited economic turmoil in southern Europe. To optimize spending, the company will aim to restructure its 800 hotels and decrease net debt by 2 billion euros by 2016.

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Reuters · Hotel Management online

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