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Accor revenue rises in Q3

Luxury & lifestyle revenue up 11.6 percent

Accor revenue rises in Q3

Accor Ltd. reports 7.7 percent third-quarter revenue growth and raises full-year EBITDA guidance.

Photo credit: Getty Images
  • Accor recorded higher Q3 growth.
  • RevPAR rose 4.9 percent.
  • It opened 63 hotels in Q3.
ACCOR LTD. RAISED its full-year recurring EBITDA guidance after stronger business activity in the third quarter. Growth came from its luxury and lifestyle division and events in several key markets.

The group reported revenue of $1.68 billion, up 7.7 percent at constant currency from the third quarter of 2025, while overall RevPAR rose 4.9 percent. The premium, midscale and economy division generated $860 million, up 2.1 percent, while luxury and lifestyle revenue rose 11.6 percent to $453.4 million.

“The Group delivered strong growth in the third quarter, supported in particular by our luxury and lifestyle division and a favorable events calendar across several key markets,” said Sébastien Bazin, Accor chairman and CEO. “Solid performance, combined with continued financial discipline in an uncertain geopolitical environment, allows us to upgrade our EBITDA guidance for the full year.”


Europe, Asia and Americas results

The premium, midscale and economy division recorded 3.2 percent RevPAR growth, rising to 3.3 percent excluding the Middle East. Europe and North Africa grew 2.5 percent with September events supporting performance in France and Germany. In the U.K., regional RevPAR was slightly higher than in London.

RevPAR in the Middle East, Africa and Asia-Pacific region rose 3.6 percent or 4 percent excluding the Middle East. Japan, Indonesia and Thailand supported growth in Southeast Asia, while Saudi Arabia, Egypt and Turkey also recorded gains.

In the UAE, RevPAR remained about 20 percent below the third quarter of 2025. China recorded a decline. The Americas recorded 6.5 percent RevPAR growth, driven largely by Brazil, which accounted for 60 percent of the region’s room revenue.

The luxury and lifestyle division recorded 8.3 percent RevPAR growth, rising to 11.3 percent excluding the Middle East. Luxury RevPAR increased 8.9 percent, while lifestyle rose 7.1 percent.

Revenue from hotel assets and other grew 21.3 percent at constant currency, supported by FIFA World Cup-related business at Potel & Chabot and stronger F&B activity at Ennismore.

It opened 63 hotels with nearly 9,000 rooms during the third quarter. Net unit growth reached 3 percent over the past 12 months. At the end of September, the group operated 5,857 hotels with 885,219 rooms and had a pipeline of more than 273,000 rooms across 1,628 hotels.

Accor expects network growth of 3 percent to 3.5 percent in 2026. It now expects RevPAR growth at the upper end of its 2 percent to 2.5 percent forecast and recurring EBITDA of $1.42 billion to $1.44 billion.

In the first half, Accor’s RevPAR rose 2.2 percent excluding the Middle East, while the group opened 109 hotels, adding nearly 14,000 rooms.

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