Slide 1: Q3 2021 Revenue
Q3 2021 Revenue October 27, 2021 A ACCOR
Slide 2: Limitations and qualifications
By reading the following presentation slides, you further agree to be bound by the following limitations and qualifications: This presentation is for information purposes only and does not constitute an offer or solicitation for the sale or purchase of any securities, any part of the business or ass
Slide 3: Accelerating Momentum
Accelerating Momentum Border Reopenings Hospitality Trends Planned for November 8th Leisure guests • Extended summer holidays • Strong pent-up demand confirmed Reopened for nearly all countries Business guests Sydney reopened • Recovery of smaller MICE Free circulation within Australia • Larger trad
Slide 4: Q3 2021 Highlights
Q3 2021 Highlights Significant trading Sustained improvement operational discipline 1 Systemwide RevPAR (37)% L/L vs. 2019 1 Upgraded guidance for FY21 +20% point vs. Q2 21 • EBITDA sensitivity below €17m per RevPAR point 2 Net Unit Growth • Average monthly cash burn +2.5% LTM below €35m Around +3%
Slide 5: +2.5% LTM Net System Growth
+2.5% LTM Net System Growth In rooms, as of September 2021 237k Network 180k Hotels 5,252 161k Rooms 769k 95k 100k 91k 48k Pipeline 37k 16k 15k Hotels 1,187 Rooms 211k South Europe North Europe Asia-Pacific IMEAT Americas
Slide 6: Q3 RevPAR Significant Improvement
Q3 RevPAR Significant Improvement South Europe North Europe Asia Pacific -24.8% -23.3% -34.4% -23.6% -38.9% -38.5% -49.0% -51.0%-54.8% -57.2% -63.2% -63.5% -58.2% -69.4% -67.8% -74.4% -81.1%-81.9% -77.1% -89.5% -91.7% 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 1Q20 2Q20 3Q
Slide 7: Q3 21 Revenue Well in Line with RevPAR
Q3 21 Revenue Well in Line with RevPAR Q3 Q3 Reported L/L L/L In € millions 2020 2021 vs. Q3 20 vs. Q3 20 vs. Q3 19 HotelServices 224 440 96% 94% (42)% Hotel Assets & Other 99 153 55% 57% (38)% Holding & Intercos 5 (4) N/A N/A N/A Total 329 589 79% 79% (40)% Raffles Udaipur, India
Slide 8: M&F Revenue Reflects RevPAR and Incentive Improvement
M&F Revenue Reflects RevPAR and Incentive Improvement Q3 Q3 L/L L/L In € millions 2020 2021 vs. Q3 20 vs. Q3 19 South Europe 28 47 68% (38)% North Europe 15 39 159% (44)% ASPAC 15 21 38% (59)% IMEAT 6 16 197% (42)% Americas 8 28 213% (43)% Total 72 151 107% (45)% 25Hours Florence, Italy
Slide 9: Our Priorities
Our Priorities 1 Confirm recovery over Q4 21 and capture rebound in 2022 2 Pursue RESET cost savings per plan 3 Continue balance sheet/liquidity optimization 4 Capitalize on new offers targeting local pent-up demand SO/ Sotogrande Hotel, Spain
Slide 10: Appendices
Appendices 25Hours Florence, Italy
Slide 11: Q3 2021 Revenue – From Like-for-Like to Reported
Q3 2021 Revenue – From Like-for-Like to Reported Like-for-Like HotelServices: 94% L/L vs. 2020 (1) 79% €258m Hotel Assets & Other: 57% L/L vs. 2020 (1) Perimeter Mainly sbe integration 2% €7m Slight negative currency effect Currency (2)% €(5)m • AUD: €1m • BRL: €(1)m • TRY: €(3)m • USD: €(4)m Report
Slide 12: YTD Group Revenue
YTD Group Revenue YTD YTD Reported L/L L/L In € millions 2020 2021 vs. YTD 20 vs. YTD 20 vs. YTD 19 HotelServices 874 985 13% 13% (53)% Hotel Assets & Other 382 434 14% 21% (38)% Holding & Intercos (11) (7) N/A N/A N/A Total 1,245 1,412 13% 16% (48)% MGallery Heritage Hotel Fermai, Croatia
Slide 13: YTD Revenue – From Like-for-Like to Reported
YTD Revenue – From Like-for-Like to Reported Like-for-Like HotelServices: 13% L/L vs. 2020 (1) 16% €200m Hotel Assets & Other: 21% L/L vs. 2020 (1) Perimeter Mainly Mövenpick lease portfolio disposal (1)% €(12)m early March 2020 Slight negative currency effect Currency (2)% €(21)m • AUD: €19m • TRY:
Slide 14: RevPAR
\3\ RevPAR
Slide 15: RevPAR – Systemwide
RevPAR – Systemwide Q3 2021 vs. Q3 2019 YTD 2021 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 42.4 -27.4 143 -0.3 61 -38.5 36.5 -30.5 126 -11.1 46 -50.6 Midscale 50.1 -25.9 77 -7.6 39 -39.1 39.3 -33.3 72 -14.1 28 -54.1 Economy 54.4 -20.5 52 -6.3 28 -31.9 40.6 -30.9 47 -14.0 19 -51.6 SYSTE
Slide 16: RevPAR – Geographical Breakdown (1/2)
RevPAR – Geographical Breakdown (1/2) Q3 2021 vs. Q3 2019 YTD 2021 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 54.9 -22.9 237 +5.9 130 -24.0 31.7 -39.8 217 +3.2 69 -52.8 Midscale 54.6 -22.0 106 -1.4 58 -29.6 35.4 -35.4 99 -6.9 35 -53.2 Economy 61.8 -14.7 64 -2.2 39 -20.9 42.6 -28.9 60 -6
Slide 17: RevPAR – Geographical Breakdown (2/2)
RevPAR – Geographical Breakdown (2/2) Q3 2021 vs. Q3 2019 YTD 2021 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 37.0 -30.4 84 -23.2 31 -56.6 40.5 -23.9 87 -23.1 35 -50.6 Midscale 42.6 -37.2 61 -17.0 26 -57.5 46.4 -28.9 63 -15.3 29 -48.6 Economy 50.2 -30.8 32 -23.3 16 -54.1 51.8 -26.0 32 -
Slide 18: RevPAR – France
RevPAR – France Q3 2021 vs. Q3 2019 YTD 2021 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 57.7 -20.8 240 +6.8 138 -21.2 33.5 -38.3 216 +1.7 72 -52.5 Midscale 54.9 -21.1 109 -1.2 60 -28.6 36.0 -33.9 102 -7.1 37 -51.9 Economy 62.8 -12.5 64 -1.9 40 -18.1 43.8 -26.7 61 -6.5 27 -41.8 FRANCE 60
Slide 19: Portfolio
\4\ Portfolio
Slide 20: Portfolio as of September 30th, 2021 (1/2)
Portfolio as of September 30th, 2021 (1/2) OWNED & LEASED MANAGED FRANCHISED TOTAL # hotels # rooms # hotels # rooms # hotels # rooms # hotels # rooms Luxury & Upscale 3 1,512 38 6,880 34 2,746 75 11,138 Midscale 6 800 168 25,016 354 33,723 528 59,539 Economy 1 135 270 33,062 1,032 75,885 1,303 109,
Slide 21: Portfolio as of September 30th, 2021 (2/2)
Portfolio as of September 30th, 2021 (2/2) OWNED & LEASED MANAGED FRANCHISED TOTAL # hotels # rooms # hotels # rooms # hotels # rooms # hotels # rooms Luxury & Upscale 2 525 181 45,528 26 6,612 209 52,665 Midscale 5 796 84 15,975 22 4,271 111 21,042 Economy 10 1,681 72 13,230 15 2,309 97 17,220 IMEA
Slide 22: Exchange rates
\5\ Exchange rates
Slide 23: Q3 21 Exchange Rates
Q3 21 Exchange Rates Q3 2020 Q3 2021 Q3 2021 1€ = X foreign currency Average Rate Average Rate vs. Q3 2020 Australian Dollar (AUD) 1.63 1.60 2% Brazilian Real (BRL) 6.26 6.14 2% Canadian Dollar (CAD) 1.56 1.48 5% Egyptian Pound (EGP) 18.59 18.53 0% British Sterling (GBP) 0.90 0.86 6% American Dollar
Slide 24: YTD Exchange Rates
YTD Exchange Rates YTD 2020 YTD 2021 YTD 2021 1€ = X foreign currency Average Rate Average Rate vs. YTD 2020 Australian Dollar (AUD) 1.66 1.58 5% Brazilian Real (BRL) 5.66 6.38 (11)% Canadian Dollar (CAD) 1.52 1.50 1% Egyptian Pound (EGP) 17.82 18.79 (5)% British Sterling (GBP) 0.88 0.86 2% American
Slide 25: Glossary
\8\ Glossary
Slide 26: Glossary
Glossary Region organization • South Europe (including France) • North Europe (including UK and Germany) • ASPAC: Asia Pacific Region including Greater China & Australia • IMEAT: India, Middle-East, Africa & Turkey • Americas: North, Central and South America & Caribbean Like-for-like (L/L) definiti
Slide 27: ACCOR
ACCOR RAFFLES \ ORIENT EXPRESS \ BANYAN TREE \ SOFITEL LEGEND \ FAIRMONT \ EMBLEMS \ SOFITEL \ RIXOS ONEFINESTAY \ MANTIS \ MGALLERY \ ART SERIES \ PULLMAN \ SWISSOTEL \ ANGSANA \ MOVENPICK GRAND MERCURE \ PEPPERS \ THE SEBEL \ MANTRA \ NOVOTEL \ MERCURE \ ADAGIO \ BREAKFREE \ IBIS IBIS STYLES \ GRE