Accor reports Record EBITDA of more than EUR 1 billion
A record year: Driven by resolutely solid demand in 2023, Accor was able to set new records in terms of operating and financial performances. All regions and segments enjoyed strong growth after a year in 2022 marked by the post-Covid pandemic recovery. All performance indicators were in line or exceeded Group guidance in 2023.
Accor reports Record EBITDA of more than EUR 1 billionA record year: Driven by resolutely solid demand in 2023, Accor was able to set new records in terms of operating and financial performances. All regions and segments enjoyed strong growth after a year
Photo by Accor
A record year: Driven by resolutely solid demand in 2023, Accor was able to set new records in terms of operating and financial performances. All regions and segments enjoyed strong growth after a year in 2022 marked by the post-Covid pandemic recovery. All performance indicators were in line or exceeded Group guidance in 2023.
+€1 billion EBITDA
key performance indicators above guidance including a record €1,003 million EBITDA for FY23, exceeding the €1 billion milestone
RevPAR increased by +23% vs 2022
with continued pricing power reflected by 12% growth in average room rates year-on-year
Group Revenue at €5,056 million
resilient global demand and strong experience and leisure spending in spite of inflationary pressures, helping the Group achieve €5,056 million in revenue up 20% on 2022
An expanding portfolio
totaling +5,580 hotels with +822,000 rooms end of 2023
Net network growth of 2.4%
with +290 hotels opened, corresponding to 41,000 rooms
“A” rating by CDP for environmental leadership & actions
one of 141 European companies awarded an ‘A’ rating by CDP, the global environmental non-profit, for environmental leadership and actions on climate change
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