The Worst Is Behind Us, Says Accor CEO

The transcript discusses the challenges faced by the hotel industry, including financial losses and job cuts, while highlighting the gradual recovery and optimism for the future. It explores the realistic expectations for RevPAR recovery by 2022 and the shift towards domestic leisure business. The discussion also covers adapting to new business models, such as offering hotel spaces for remote work, and the global implementation of these strategies. The focus is on overcoming market challenges and transforming the company to be more agile and efficient.

What was the net loss reported for the first half?

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What are the plans regarding job cuts mentioned in the text?

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What does the speaker believe about the peak of the crisis?

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What strategies are being considered to attract business travelers?

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How has the domestic leisure business changed compared to last year?

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What is the current status of hotels in Greece as mentioned in the text?

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What transformation is the speaker aiming for in the company?

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