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Q3 2020 Accor SA Corporate Sales Call Transcript
Hello, and welcome to the Accor Analyst Call Q3. My name is Jess, and I'll be your coordinator for today's event. (Operator Instructions)
I will now hand you over to your host, Jean-Jacques Morin, Deputy CEO, to begin today's call. Thank you.
Thank you. Good evening, good morning, ladies and gentlemen. Thank you for joining us to review our Q3 2020 revenue.
As a preliminary remark, Accor traditionally discusses guidance for the full year EBITDA during this Q3 call. Today, the group's ability to assess the impact of COVID-19 on its full year financials continues to be very limited. As a consequence, we will not discuss such a guidance.
But without further delay, let me move to Page 3, which provides you with an overview of the Q3 highlights.
So Q3 marked a clear improvement over Q2, which was the trough of the crisis. It was driven by the end of full lockdowns and closed borders and also by a satisfactory summer season, notably in Europe, where domestic travel was sustained.
In terms
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