on ACCOR (EPA:AC)
Accor Raises EBITDA Forecast Following Strong Q3 2026
Accor reported robust growth for Q3 2026, resulting in an upgraded EBITDA forecast. The group achieved a 4.9% increase in RevPAR, driven by its Luxury & Lifestyle division and a strategic events calendar. Revenue climbed to €1,503 million, marking a 7.7% increase at constant currency. This strong performance has led Accor to raise its annual EBITDA projection to between €1,270 million and €1,285 million.
Throughout Q3, Accor opened 63 new hotels, equating to a 3% net unit growth over the past year. The company's portfolio now includes 885,219 rooms and a pipeline exceeding 273,000 rooms.
Accor's performance remained resilient amid geopolitical challenges, with notable gains in RevPAR across key regions, despite ongoing impacts in the Middle East. The Premium, Midscale & Economy division posted a 3.2% RevPAR rise, while the Luxury & Lifestyle segment saw an 8.3% increase, underscoring consumer demand for upscale accommodations.
R. P.
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