- Accor reported 2.2 percent H1 RevPAR growth.
- Opened 109 hotels with 14,000 rooms.
- The Americas saw 4.8 percent RevPAR growth.
ACCOR SA POSTED a 2.2 percent increase in first-half 2026 RevPAR excluding the Middle East. Additionally, the group opened 109 hotels during the period, adding nearly 14,000 rooms.
Revenue rose 3 percent at constant currency to $3.18 billion, while recurring EBITDA increased 6.5 percent to $648.9 million, Accor said in a statement. The company maintained its full-year RevPAR growth outlook of 2 percent to 2.5 percent.
“Once again this half-year, and despite the disruption caused by the situation in the Middle East, the group delivered solid growth,” said Sébastien Bazin, Accor’s chairman and CEO. “This performance reflects the momentum in our key markets, the commitment of our teams, the strength of our brands and our rigorous cost discipline.”
Net profit attributable to the group declined to $131.4 million from $268.6 million in the first half of 2025 due to higher non-recurring expenses. Adjusted net profit was $266.2 million, compared with $276.6 million a year earlier.
RevPAR performance
Accor’s Premium, midscale and economy division reported a 0.1 percent increase in second-quarter RevPAR, driven by higher prices. Excluding the Middle East, RevPAR increased 1.1 percent.
The Europe North Africa region posted a 0.2 percent RevPAR increase. France recorded growth as stronger leisure demand outside Paris offset weaker performance in the capital.
The Middle East, Africa and Asia-Pacific region reported a 1.1 percent RevPAR decline due to lower occupancy in the Middle East. Excluding the Middle East, RevPAR increased 1.9 percent.
Middle East activity was affected by the conflict, with the United Arab Emirates recording a decline. Saudi Arabia, Egypt and Turkey continued to post growth.
The Americas region reported a 4.8 percent RevPAR increase, led by Brazil, which accounted for most of the region’s room revenue.
Luxury and development
Accor’s Luxury and Lifestyle division reported a 1.4 percent RevPAR decline in the second quarter due to lower occupancy. Excluding the Middle East, RevPAR increased 9.4 percent.
Luxury RevPAR increased 2.5 percent, with growth across brands and regions excluding the Middle East. Lifestyle RevPAR declined 11.3 percent due to exposure to resort hotels in the United Arab Emirates.
Accor added nearly 14,000 rooms through 109 hotel openings in the first half of 2026. Net unit growth was 3.2 percent over the last 12 months. The group ended June with 5,835 hotels and 881,928 rooms. Its pipeline included 1,595 hotels and more than 268,000 rooms.
Revenue and outlook
Premium, midscale and economy revenue increased 2.2 percent at constant currency to $1.6 billion. Management and franchise revenue rose 0.7 percent, while Sales, Marketing, Distribution and Loyalty revenue grew 3.8 percent.
Luxury and Lifestyle revenue declined 1.9 percent to $863.4 million. Management and franchise revenue in the segment increased 12 percent, driven by RevPAR growth and network expansion.
Accor expects full-year network growth of around 3.5 percent and recurring EBITDA of $1.45 billion to $1.48 billion. The company also launched the second tranche of its share buyback program for $259.3 million after completing the same amount in the first half.
Accor said it signed an agreement to sell its stake in Essendi as part of its transition to an asset-light model. The company is planning a U.S. initial public offering for Ennismore, which operates more than 200 hotels and 500 restaurants. Goldman Sachs is leading the offering, with BNP Paribas, J.P. Morgan and Societe Generale as advisers.
Separately, Accor and InterGlobe Enterprises are also considering an IPO for their hotel joint venture in India, which plans to open 300 properties by 2030. The venture has shifted its focus from premium and midscale hotels to luxury properties.
