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Accor reports 8.2% decline in year-over-year revenues

Oct 16, 2009 (M2 EQUITYBITES via COMTEX) --

Company: Access Pharmaceuticals, Inc. (ACCP)

Major European hotel group Accor (Nasdaq-OTCBB:ACCP) on Thursday reported that consolidated revenue for the first nine months of 2009 totalled EUR5,258m, down by 8.2% as compared with EUR5,775m in the corresponding period of 2009.

Also, prepaid services revenues totalled EUR687m, a 0.8% decline over EUR693m in the nine month of 2008.

Consolidated revenues for the third quarter alone totalled EUR1,848m, a decline of 8.4% as compared with the third quarter of 2008. 

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Company: Access Pharmaceuticals, Inc. (ACCP)


Related terms: hotel, nasdaq, revenue

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