AccorHotel CEO on Brexit, Currencies and Tourism

The video discusses the impact of Brexit on UK demand and currency, highlighting a mixed market response. It covers FX market strategies, noting a natural hedge due to local costs and revenues. RevPAR trends in the UK, US, and Europe are analyzed, with concerns about slowing growth. The speaker outlines plans for investment and market expansion, particularly in the US and tech sectors. Emphasis is placed on entering the sharing economy and leveraging digital advancements to enhance business offerings.

What has been the impact of Brexit on the UK's outbound markets?

• Increased currency value

• No change in outbound travel

• Decreased outbound travel

• Increased outbound travel

How does the company manage currency fluctuations?

• By investing in foreign currencies

• By avoiding international markets

• By using a natural hedge

• By hedging extensively

What is the current trend in RevPAR for the UK?

• Rapid growth

• Unpredictable changes

• Stagnation

• Decline

Which region in Europe is currently experiencing economic growth?

• Central Europe

• Western Europe

• Northern Europe

• Southern Europe

What is the company's perspective on economic cycles in the digital age?

• Cycles will remain the same

• Cycles will last longer

• Cycles will be shorter

• Cycles will disappear

What is the company's strategy regarding the €7 billion from the hotel investment sale?

• Acquire competitors

• Expand in China

• Increase market density

• Invest in new hotels

What new market is the company planning to engage with?

• Corporate clients

• Local residents

• Business travelers

• International tourists