ANNUAL REPORTS / Accor's businesses picking up all over
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Accor's businesses picking up

Paris. Accor's business is picking up in all countries and business fields: Accor's consolidated revenue rose 8.4% to 3,690 billion Euros in the first six
months of 2006. At constant scope of consolidation and exchange rates, the increase was 6.0%. Business expansion accounted for 3.6% of growth while asset disposals had a negative impact of 3.4%.

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