Third-quarter 2025

Solid activity in an evolving environment, recurring EBITDA guidance upgraded

MANAGEMENT & FRANCHISE REVENUE UP 3.1% AT CONSTANT CURRENCY IN THE THIRD QUARTER 2025

RECURRING EBITDA GUIDANCE UPGRADED BETWEEN 11% AND 12% (INITIALLY BETWEEN 9% AND 10%) AT CONSTANT CURRENCY

LAUNCH OF A SHARE BUYBACK TRANCHE FOR €100 MILLION IN THE FOURTH QUARTER 2025
 
Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said: "The Group continued to grow and develop its network during the third quarter of 2025. This performance demonstrates the appeal of its brands and the diversity of its geographical locations, which have enabled it to maintain strong momentum despite a mixed macroeconomic environment. To address these uncertainties, the Group's profit protection measures are proving effective and now enable us to raise our recurring EBITDA growth target for the year. We are therefore pursuing our growth trajectory and operational and financial discipline, while activating new levers for value creation. This is the rationale behind the launch of a new share buyback program. It is also why we are exploring the possibility of a potential listing of Ennismore, our lifestyle brands portfolio. As a key asset for the Group, we intend, if this transaction occurs, to retain control while providing it with even more resources to accelerate its development."

Although macroeconomic and geopolitical disruptions remained in the third quarter and the 2024 Olympic and Paralympic Games in France represent an unfavorable basis for comparison, Accor is demonstrating the resilience of its business model. 

During the third quarter of 2025, Accor opened 77 hotels, representing 11,200 rooms, resulting in net growth of 2.5% in the network over the last 12 months. At the end of September 2025, the Group had a hotel portfolio of 859,830 rooms (5,760 hotels) and a pipeline of more than 250,000 rooms (1,453 hotels).

Die Presseaussendung und weitere Informationen zu den Third-Quarter Results 2025 von Accor finden Sie unter folgendem Link: Accor Press Room