Accor posts record results, confidence in 2024 growth
The hotel company generated record-high results in 2023, with EBITDA breaking the €1 billion mark for the first time in its history
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.
Key takeaways
- This solid performance and the Group’s confidence in continued business growth enabled the Group to return a total of €676 million to its shareholders during the year;
- In 2023, Accor opened 291 hotels, corresponding to 41,000 rooms, i.e., net network growth of 2.4% in the last 12 months;
- At end-December 2023, the Group had a hotel portfolio of 821,518 rooms (5,584 hotels) and a pipeline of 225,000 rooms (1,315 hotels).
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