Industry Update
Press Release14 July 2021

Accor On Federal Government & NSW Government Financial Packages

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Accor, the largest hotel operator in Australia, said that they welcome the critical financial support from the Federal and NSW Governments and it will help NSW tourism employees get through the latest Sydney and NSW lockdown.

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Accor Pacific CEO, Simon McGrath, said: “This is crucial financial assistance for employees of the tourism sector caught up in the current lockdown. The July holiday period has been impacted by border restrictions and stay-at-home orders, and businesses across NSW are struggling.”

“These measures from the Federal and NSW Government will keep people connected to our industry and will help struggling businesses to keep their teams on, providing support for many impacted people and their families.”

“The industry is suffering from no international tourism, educational tourism and a loss of confidence due to border certainty. If the Government continues to support tourism through this critical recovery period, it will benefit our economy for many decades to come, attracting overseas investment and creating jobs.”

“We will continue to work with Government and fight for our sector as we go through this tough time.”

About Accor

Accor is a world leading hospitality group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. The Group has one of the industry's most diverse and fully-integrated hospitality ecosystems encompassing luxury and premium brands, midscale and economy offerings, unique lifestyle concepts, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. Accor also boasts an unrivalled portfolio of distinctive brands and mora than 260,000 team members worldwide. 68 million members benefit from the company's comprehensive loyalty program – ALL - Accor Live Limitless– a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. Through its Planet 21 – Acting Here, Accor Solidarity, RiiSE and ALL Heartist Fund initiatives, the Group 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 visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram.

Contact
Naomi Hammond
Communications Manager - Pacific
Phone: +61(0) 434 738 380
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