Accor confirms its annual and medium term objectives – 07/31/2025 at 08:59

(AOF) – Accor has published overall solid semi -annual results in a. For example, complex macro -economic context. Therefore, Turnover increased by 2.5 %, to 2.745 billion euros, while the revpar, the income per available room, improved by 4.6 %. Moreover, The exchange effects had a negative impact of 69 million euros. Consequently, especially because of the Brazilian Real and the Australian and Canadian dollars. Similarly, At the same time, the gross current operating surplus experienced an increase of 9.4 %, at 552 million euros, over the first six months of the year. Meanwhile,

The group’s net income from the group A, on the other hand, decreased by 7.91 %, from 253 to 233 million euros. He was affected by an unfavorable basic effect linked to capital gains recorded in the first half of 2024.

For the accor confirms its annual medium rest of the financial year, Accor confirmed its annual objectives and those in the medium term. For 2025 forecasts. the hotel group targets in particular an increase in the revpar between 3 and 4 %, growth in the gross current operating excess between 9 and 10 % at constant exchange rates.

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Key points

-First world hotel operator. created in 1967, with more than 40 % of the market, leader in France, Asia-Pacific, Middle East-Africa and Latin America;

– Hotel park of 5,680 hotels operated under 45 brands, 10,000 restaurants & bars in 100 countries, luxury for 26 % of income from Fairmont brands, Raffles, Sofitel … in the middle of the range (34 %) and to economic hotels Adagio, Ibis, Mercure, Novotel…;

– activity of € 5.61 billion balanced worldwide. divided accor confirms its annual medium into two divisions: “Premium, mid -range & economic” for 53 % of income and “Luxury & Lifestyle”, bringing together concierge, rental of luxury residence or digital services for hoteliers ….

– Two ambitions:

– in the hotel industry, consolidation of the leadership of Ibis, Novotel and Pullman and Densification of the network via the brands of Mövenpick, Mercury, Handwritten and Greet,

– in luxury & lifestyle, strong growth driven by the valuation of the East Express, Raffles and Fairmont, Sofitel, Mgallery, Evèms and Ennismore brands;

– Open capital with strong positions (10.49 % for the Parvus Fund, 6.8 % for the Séudien KHC and 6.2 % for the Qatari Qia fund, with a council of 13 administrators chaired by the director general Sébastien Bazin.

Challenges

– Agility of the business model:

– Based on accor confirms its annual medium the decrease in equity needs by the “Asset Light” – sales of walls. management control, asset transfer plan by 2025 at Accurinvest,

– Designed for the creation of traffic via an extended portfolio of global brands, a distribution maximizing the conversion to overnight stays, loyalty and partnerships with distributors such as Amadeus,

– diversified in the services to the owners, whose contribution will be positive in 2024 for operating profit,

– Aiming the extension of the hotel park -pipeline of 1,381 hotels, with luxury upmarket,

– and supported by permanent innovation, in processes & tools and organizations: single platform of shared services for the 2 divisions, distribution and reservation platform for the All -loyalty program;

– “Planet 21” environmental strategy targeting 0 carbon in 2050 for Accor hotels:

– 2025: 25.2 % drop in internal emissions and 15 accor confirms its annual medium % in suppliers,

– Elimination of single -use plastics, “green borrowing …”.

– Expensive strategic partnership with Chinese Huazhu Hotels, strengthening the ibis, Mercure and Novotel brands in China, Taiwan and Mongolia, and with Ideas for the management of income portfolio;

– Mastered financial structure with € 1.1MDS in cash, recurring free self -financing of € 614 million and a net debt reduced to 2, 9 billion €.

Challenge

– Strong exposure to Europe which contributes to almost 40 % of the operating profit.

– Realization of strong ambitions in India – a thirty openings by 2028- and for the Mercure chain -200 establishments to come on a portfolio of + 100 hotels;

– Strategy 2023-2027 with confirmed financial objectives for each of the divisions:

– “Premium, mid & eco”: annual increase accor confirms its annual medium of 2.5 to 3.5 % of the network, from 2 to 4 % of the RevPar, from 4 to 7 % of operating profit,

– “Luxury & Lifestyle”: annual growth of 8 to 3.5 % of the network. from 3 to 5 % of the revpar, from 11 to 13 % of the operating profit,

– for the group: annual growth of 3 to 5 % of the network, 3 to 4 % of the revpar and 6 to 10 % of the operating profit;

– Dividend 2024 of € 1.26 as part of a return commitment to shareholders of € 3 billion between 2023 and 2027.