Total income from operations should post an increase of 18%, at EUR 587 million (FRF 3,850 million), compared to the previous forecast of 15%.

Net income, Group share, should increase by 15% to EUR 342 million (FRF 2,245 million), compared to the previous forecast of 10%.

1999 Accor consolidated sales, published on February 4, posted EUR 6,105 million, up 8.5%. Excluding the impact of the disposal of Europcar, this growth should have been 9.7%, compared to the previous forecast of 8%. For the fourth quarter only, sales increased by 12.3%, or 16.7% excluding the disposal of Europcar.

These performances reflect the active strategy of the Group and the good trends of its markets.

Accor, whose 125,000 associates are active in 140 countries around the world, is the European leader and worldwide group present in travel, tourism and corporate services with two principal international businesses:

• hotels and complementary businesses, including travel agencies, restaurants and casinos;
• corporate services with Accor Corporate Services.