Slide 1: Q3 2024 Revenue
Q3 2024 Revenue O c t o b e r 2 4 th, 2 0 2 4
Slide 2: Disclaimer
Disclaimer By reading the following presentation slides, you further agree to be The main risk factors are further developed in Accor’s Universal Registration bound by the following limitations and qualifications: Document which is filed with the AMF (Autorité des Marchés Financiers) and is availabl
Slide 3: Q3 2024 Highlights
Q3 2024 Highlights Sustained activity growth Performances on track Solid Q3 24 RevPAR growth Confirmed FY RevPAR range 1 +5.3% L/L vs. Q3 23 1 between +4% and +5% Net Unit Growth +3.2% LTM EBITDA now expected 2 Pipeline up 6% since end-June 2024 2 between €1,100m and €1,125m Successful hybrid bond r
Slide 4: Continued trading momentum in Q3
Continued trading momentum in Q3 24 Premium, Midscale & Economy Luxury & Lifestyle +14% +13% +6% +7% +6% in MEA SEA +5% +5% +1% ENA MEA APAC Americas Total Total Luxury Lifestyle Total Total Occupancy Rate Average Room Rate XX% RevPAR L/L year-on-year ACCOR – Q3 2024 REVENUE 4
Slide 5: Portfolio as of September 30th, 2024
Portfolio as of September 30th, 2024 Premium, Midscale & Economy Luxury & Lifestyle LTM Net Unit Growth LTM M&F Revenue LTM Net Unit Growth LTM M&F Revenue +2.6% €1.2k/room +7.1% €4.0k/room In rooms (1) In rooms (1) 327k 319k 83k 116k 39k 50k 72k 27k 27k 11k ENA MEA APAC Americas Luxury Lifestyle Ne
Slide 6: +12% Group Revenue Growth in Q3 2024
Novotel Shenzhen Bantian, China +12% Group Revenue Growth in Q3 2024 In € millions Q3 2023 Q3 2024 Reported change M&F 225 238 +6% STO 279 319 +14% HA & OTHER 262 265 +1% PREM., MID. & ECO. 767 821 +7% M&F 108 119 +10% STO 343 366 +7% HA & OTHER 88 150 +70% LUXURY & LIFESTYLE 539 635 +18% INTERCOS (
Slide 7: +7% M&F Revenue Growth
25 Hours Copenhague, Denmark +7% M&F Revenue Growth In € millions Q3 2023 Q3 2024 Reported change ENA 140 152 +9% MEA APAC 66 67 +2% AMERICAS 19 19 (2)% PREM., MID. & ECO. 225 238 +6% LUXURY 80 84 +5% LIFESTYLE 28 35 +23% LUXURY & LIFESTYLE 108 119 +10% TOTAL 334 358 +7% ACCOR – Q3 2024 REVENUE 7
Slide 8: Key Takeaways & Outlook
Raffles Jaipur, India Key Takeaways & Outlook 1 RevPAR normalizing as expected towards CMD mid-term perspectives FY24 guidance: • Confirmed RevPAR growth between +4% and +5% 2 • Confirmed Net Unit Growth between +3% and +4% • Confirmed Services to Owners EBITDA to be positive • EBITDA now expected b
Slide 9: Appendices
Rixos Golden Horn, Turkey Appendices ACCOR – Q3 2024 REVENUE 9
Slide 10: Q3 2024 Revenue vs. Q3 2023 – From Like-for-Like to Reported
Q3 2024 Revenue vs. Q3 2023 – From Like-for-Like to Reported +9% +4% (2)% +12% Like-for-Like Perimeter Currency Reported €122m €56m €(30)m €148m Mainly Negative currency effect Potel & Chabot AUD: €3m USD: €(1)m CAD: €(3)m ARS: €(3)m TRY: €(6)m EGP: €(9)m BRL: €(10)m ACCOR – Q3 2024 REVENUE 10
Slide 11: YTD Group Revenue Growth
Swissotel Xi’an, China YTD Group Revenue Growth In € millions YTD 2023 YTD 2024 Reported change M&F 628 669 +6% STO 801 856 +7% HA & OTHER 757 769 +2% PREM., MID. & ECO. 2,186 2,295 +5% M&F 319 361 +13% STO 998 1,082 +8% HA & OTHER 242 435 +79% LUXURY & LIFESTYLE 1,559 1,878 +20% INTERCOS (56) (61)
Slide 12: YTD M&F Revenue
Ibis Styles Burton Upon Trent, United Kingdom YTD M&F Revenue In € millions YTD 2023 YTD 2024 Reported change ENA 382 406 +6% MEA APAC 194 207 +7% AMERICAS 53 56 +5% PREM., MID. & ECO. 628 669 +6% LUXURY 233 243 +4% LIFESTYLE 86 118 +38% LUXURY & LIFESTYLE 319 361 +13% TOTAL 947 1,030 +9% ACCOR – Q3
Slide 13: YTD 2024 Revenue vs. YTD 2023 – From Like-for-Like to Reported
YTD 2024 Revenue vs. YTD 2023 – From Like-for-Like to Reported +9% +5% (3)% +11% Like-for-Like Perimeter Currency Reported €343m €173m €(92)m €424m Mainly Negative currency effect Potel & Chabot TRY: €(29)m EGP: €(19)m ARS: €(11)m BRL: €(9)m AUD: €(9)m CAD: €(4)m USD: €(2)m ACCOR – Q3 2024 REVENUE 1
Slide 14: RevPAR
3 RevPAR ACCOR – Q3 2024 REVENUE 14
Slide 15: RevPAR
RevPAR Q3 2024 vs. Q3 2023 YTD 2024 vs. YTD 2023 OR ARR REVPAR OR ARR REVPAR ENA 73.4 (0.2) 110 6.5 81 6.2 67.6 0.0 104 3.8 70 3.8 MEA APAC 70.3 0.9 79 (0.5) 55 0.7 67.8 1.7 83 3.7 57 6.3 AMERICAS 62.6 2.5 67 8.8 42 13.2 58.7 1.3 69 7.5 41 10.0 PREM., MID. & ECO. 70.9 0.5 93 3.9 66 4.7 66.8 0.8 92 3
Slide 16: Portfolio
4 Portfolio ACCOR – Q3 2024 REVENUE 16
Slide 17: Portfolio as of September 30th, 2024
Portfolio as of September 30th, 2024 Owned & Leased Managed Franchised Total #HOTELS #ROOMS #HOTELS #ROOMS #HOTELS #ROOMS #HOTELS #ROOMS ENA 8 2,493 854 131,869 2,064 192,367 2,926 326,729 MEA APAC 40 7,090 804 185,038 870 126,474 1,714 318,602 AMERICAS 54 10,912 166 27,894 228 32,749 448 71,555 PRE
Slide 18: Exchange rates
5 Exchange rates ACCOR – Q3 2024 REVENUE 18
Slide 19: Q3 2024 Exchange Rates
Q3 2024 Exchange Rates 1 foreign currency = X euro Q3 2023 Q3 2024 Q3 2024 Average Rate Average Rate vs. Q3 2023 AMERICAN DOLLAR (USD) 0.92 0.91 (0)% AUSTRALIAN DOLLAR (AUD) 0.60 0.61 +1% BRAZILIAN REAL (BRL) 0.19 0.16 (13)% TURKISH LIRA (TRY) 0.03 0.03 (21)% CANADIAN DOLLAR (CAD) 0.68 0.67 (2)% BRI
Slide 20: YTD 2024 Exchange Rates
YTD 2024 Exchange Rates 1 foreign currency = X euro YTD 2023 YTD 2024 YTD 2024 Average Rate Average Rate vs. YTD 2023 AMERICAN DOLLAR (USD) 0.92 0.92 +0% AUSTRALIAN DOLLAR (AUD) 0.62 0.61 (2)% BRAZILIAN REAL (BRL) 0.18 0.18 (3)% TURKISH LIRA (TRY) 0.04 0.03 (33)% CANADIAN DOLLAR (CAD) 0.69 0.68 (1)%
Slide 21: Glossary
5 Glossary ACCOR – Q3 2024 REVENUE 21
Slide 22: Glossary
Glossary Division Region Like-for-like (L/L) definitions organization definition for P&L figures • M&F: • ENA: • Foreign exchange changes vs. Management & Franchise Europe North Africa including Euro are cancelled applying the France, Germany and UK n-1 exchange rate to year n • STO: Services to Own
Slide 23: ACCOR
ACCOR