Accor lifts outlook as Middle East rebounds

By Reuters News

- French hotel group Accor ACCP.PA raised the lower end of its full-year profit outlook after strong third-quarter growth, CFO Martine Gerow said on Thursday.

Middle East demand rebounded in the third quarter, with weakness in the United Arab Emirates partly offset by growth in Saudi Arabia, Egypt and Turkey.

Accor said recent unrest in France had limited impact on its bookings.

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