Slide 1: Q1 2026 Revenue
Q1 2026 Revenue A p r i l 2 3 rd, 2 0 2 6
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: Q1 2026 highlights
Q1 2026 highlights Delivering on commitments Solid RevPAR & NUG acceleration in a disturbed environment Solid Q1 26 RevPAR growth +5.1% L/L Signing of a memorandum of understanding 1 Positive +1.6% RevPAR in March 1 on the sale of the stake in Essendi despite Middle East conflict Net Unit Growth at
Slide 4: Solid start of the year with +5.1% Q1 RevPAR
Solid start of the year with +5.1% Q1 26 RevPAR Premium, Midscale & Economy Luxury & Lifestyle +9.1% +5.5% +6.8% +6.0% +4.5% +4.2% +2.7% ENA MEA APAC Americas PM&E Total Luxury Lifestyle L&L Total Occupancy Rate Average Room Rate XX% RevPAR L/L year-on-year ACCOR – Q1 2026 REVENUE 4
Slide 5: +3.8% NUG and +10.3% growth in pipeline
+3.8% NUG and +10.3% growth in pipeline Premium, Midscale & Economy Luxury & Lifestyle LTM Net LTM Pipeline Pipeline as % LTM Net LTM Pipeline Pipeline as % Unit Growth Growth of Portfolio Unit Growth Growth of Portfolio +3.0% +12.4% 27% +8.8% +3.7% 44% In rooms In rooms 327k 344k 88k 136k 47k 74k 2
Slide 6: Group revenue up +2.3% at constant currency
Delano Dubai, UAE Group revenue up +2.3% at constant currency In € millions Q1 2025 Q1 2026 Reported At constant change currency M&F 321 332 +3.3% +8.3% HA & OTHER 386 360 (6.8)% (4.4)% SMDL(1) 307 313 +1.7% +6.2% REIMBURSED COSTS 355 328 (7.7)% 0.5% INTERCOS (21) (20) N/A N/A TOTAL 1,349 1,313 (2.7
Slide 7: +8.3% M&F revenue growth at constant currency
Delano Dubai, UAE +8.3% M&F revenue growth at constant currency In € millions Q1 2025 Q1 2026 Reported At constant change currency PREM., MID. & ECO. 200 201 +0.9% +4.3% LUXURY & LIFESTYLE 122 131 +7.1% +15.2% M&F REVENUE 321 332 +3.3% +8.3% MÖVENPICK ISTANBUL OLD TOWN, TURKEY ACCOR – Q1 2026 REVENU
Slide 8: Looking forward
Looking forward 1 Sound activity despite Middle East conflict 2 Profit protection plan activated to protect margins 3 Accelerate development in growth markets 4 Execute share buyback program HOTEL CHÂTEAU DE MAZAN HANDWRITEEN, FRANCE ACCOR – Q1 2026 REVENUE 8
Slide 9: Appendices
Appendices NOVOTEL TANGERANG CITY, INDONESIA ACCOR – Q1 2026 REVENUE 9
Slide 10: Group revenue breakdown
Group revenue breakdown In € millions Q1 2025 Q1 2026 Reported At constant change currency M&F 200 201 +0.9% +4.3% SMDL (1) 214 216 +1.0% +4.4% HA & OTHER 238 245 +3.1% +5.2% PREM., MID. & ECO. 651 663 +1.8% +4.6% M&F 122 131 +7.1% +15.2% SMDL (1) 93 96 +3.3% +10.6% HA & OTHER 149 115 (22.7)% (20.0)
Slide 11: Q1 2026 revenue vs. Q1 2025 – From like-for-like to reported
Q1 2026 revenue vs. Q1 2025 – From like-for-like to reported +3.8% (1.4)% (5.0)% (2.7)% Like-for-Like Perimeter Currency Reported €47m €(18)m €(66)m €(36)m Mainly Negative currency effect disposal of Festive USD: €(29)m AED: €(9)m CAD: €(8)m TRY: €(4)m AUD: €(2)m GBP: €(2)m ACCOR – Q1 2026 REVENUE 1
Slide 12: RevPAR
3 RevPAR ACCOR – Q1 2026 REVENUE 12
Slide 13: RevPAR – Systemwide
RevPAR – Systemwide Q1 2026 vs. Q1 2025 OR ARR REVPAR ENA 59.5 1.5 93 0.1 55 2.7 MEA APAC 64.2 0.3 90 5.1 57 5.5 AMERICAS 60.3 2.2 75 5.1 45 9.1 PREM., MID. & ECO. 61.7 1.0 89 2.8 55 4.5 LUXURY 61.6 1.3 260 4.5 160 6.8 LIFESTYLE 58.3 0.4 216 3.6 126 4.2 LUXURY & LIFESTYLE 60.5 1.0 246 4.2 149 6.0 SY
Slide 14: Portfolio
4 Portfolio ACCOR – Q1 2026 REVENUE 14
Slide 15: Portfolio as of March 31st, 2026
Portfolio as of March 31st, 2026 Owned & Leased Managed Franchised Total #HOTELS #ROOMS #HOTELS #ROOMS #HOTELS #ROOMS #HOTELS #ROOMS ENA 8 2,493 739 116,891 2,182 207,616 2,929 327,000 MEA APAC 37 6,809 797 182,497 1,028 155,014 1,862 344,320 AMERICAS 52 10,446 164 27,442 234 35,671 450 73,559 PREM.
Slide 16: Exchange rates
5 Exchange rates ACCOR – Q1 2026 REVENUE 16
Slide 17: Q1 2026 exchange rates
Q1 2026 exchange rates 1 foreign currency = X euro Q1 2025 Q1 2026 Q1 2026 Average Rate Average Rate vs. Q1 2025 AMERICAN DOLLAR (USD) 0.95 0.85 (10)% AUSTRALIAN DOLLAR (AUD) 0.60 0.59 (1)% BRAZILIAN REAL (BRL) 0.16 0.16 (0)% TURKISH LIRA (TRY) 0.03 0.02 (26)% CANADIAN DOLLAR (CAD) 0.66 0.62 (6)% BR
Slide 18: Glossary
6 Glossary ACCOR – Q1 2026 REVENUE 18
Slide 19: 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 exchange rate to year n-1 • SMDL: (i.e. definiti
Slide 20: ACCOR
ACCOR