Presseinformation vom 26.10.2022

Third-quarter 2022 revenue of €1,149 million up 83% like-for-like

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Press Release, 26. October 2022

RECORD ACTIVITY IN THE QUARTER
REVPAR ABOVE 2019 LEVEL 

PICK-UP IN PACE OF ROOM OPENINGS 

EBITDA EXPECTED TO REACH
THE UPPER END OF THE €610 MILLION TO €640 MILLION RANGE



Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said: 

Business momentum remained very strong in the quarter, with the Group’s RevPAR and revenue well above their 2019 levels. Excluding Asia-Pacific, where activity is now recovering, all regions saw growth compared with 2019. These strong performances, coupled with strict operational and financial discipline, give us confidence in our ability to reach the upper end of our full-year EBITDA guidance range, which should be between €610 million and €640 million.” 

The sharp improvement in activity seen since the start of the year was confirmed in the third quarter of 2022. For the second consecutive quarter, the Group’s RevPAR exceeded its 2019 level and Asia is now the only country performing below its pre-crisis level. Demand from domestic and international leisure travelers was very strong over the summer, leading to a significant increase in prices, and September benefited from renewed demand from business travelers for major trade shows and fairs. 

During the third quarter of 2022, Accor opened 93 hotels representing 15,300 rooms, i.e., net unit growth of 2.4% in the last 12 months. This represents a significant increase in the number of rooms opened compared with the first semester of 2022. 

At end-September 2022, the Group had a hotel portfolio of 789,152 rooms (5,357 hotels) and a pipeline of 212,000 rooms (1,218 hotels). 

For 2022, the Group is confirming its forecast of net network growth of around 3.5%. 

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About Accor 

Accor is a world-leading hospitality group offering experiences across more than 110 countries in 5,600 properties, 10,000 food & beverage venues, wellness facilities and flexible workspaces. The Group has one of the industry’s most diverse hospitalityecosystems, encompassing more than 45 hotel brands from luxury to economy, as well as Lifestyle with Ennismore. Accor is focused on driving positive action through business ethics, responsible tourism, environmental sustainability, community engagement, diversity, and inclusivity. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. For more information, please visit group.accor.com or follow us on Twitter, Facebook, LinkedIn, Instagram and TikTok.  

 

About ALL – Accor Live Limitless 

ALL – Accor Live Limitless is a booking platform and loyalty program that enhances the Accor experience during and beyond the hotel stay. Facilitating seamless connection to Accor hotels across 40+ hotel brands in 110 countries, ALL’s booking platform offers an unrivaled choice of stays at the best price, while the loyalty program provides access to a wide variety of rewards, services and experiences, notably with over 90 strategic partners. ALL helps members live their passions every day with over 2000 worldwide events, from local discoveries to the year’s biggest sporting and musical events and chef masterclasses. ALL – Accor Live Limitless is the loyalty program most awarded by travelers. Discover ALL at all.com. 

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Kontakt

Leeb Elisabeth
Dr. Elisabeth Leeb
Business Director, Ketchum GmbH
Guglgasse 7-9
1030 Wien
Österreich
Tel.: +43 664 808 69-113
elisabeth.leeb@ketchum.at