Global
Accor reported higher average room rates across Europe and the United States
Lodging company , year-to-date through September. For upscale and midscale hotels, ADRs increased in each of eight reported countries, led by Germany (15.7 percent) and the United States (11.1 percent). Total nine-month revenues for the company's hotels unit rose 8.4 percent, "reflecting the upturn in the hotel industry cycle, particularly in Europe."