Slide 1: Q3 2022 Revenue
Q3 2022 Revenue October 26th, 2022 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: Q3 2022 Highlights
Q3 2022 Highlights Activity well above 2019 Financial translation 1 Q3 22 RevPAR, well above 2019 1 €1,149m Revenue +14% L/L vs. 2019 +83% L/L vs. Q3 21 Year-to-date (2)% L/L vs. 2019 +9% L/L vs. Q3 19 2 Net Unit Growth at +2.4% LTM On track to reach 2 FY22 EBITDA expected at the High End of the €61
Slide 4: RevPAR significantly above 2019 (+14%) with continued Pricing Power
RevPAR significantly above 2019 (+14%) with continued Pricing Power South Europe North Europe Asia Pacific +11% +9% +2% -9% -7% -18% -17% -21% -25% -37% -38% -38% -43% -39% -48% -55% -57% -63% -63% -82% -74% Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2021 2022 2021 2022 2021 2022
Slide 5: Net Unit Growth at +2.4% LTM: on track to reach our c. 3.5% guidance
Net Unit Growth at +2.4% LTM: on track to reach our c. 3.5% guidance In rooms, as of September 2022 244k Network 181k Hotels 5,357 164k Rooms 789k 100k 103k 97k 43k Pipeline 39k 16k 15k Hotels 1,218 Rooms 212k South Europe North Europe Asia-Pacific IMEAT Americas
Slide 6: Group Revenue now well above 2019 level (+9%)
Pullman Doha West Bay, Qatar Group Revenue now well above 2019 level (+9%) Q3 Q3 Reported L/L L/L In € millions 2021 2022 vs. Q3 21 vs. Q3 21 vs. Q3 19 HotelServices 440 874 +99% +84% +9% Hotel Assets & Other 153 283 +85% +80% +6% Holding & Intercos (4) (9) N/A N/A N/A Total 589 1,149 +95% +83% +9%
Slide 7: M&F Revenue well above 2019 level (+10%)
Jo&Joe largo do Boticario, Brazil M&F Revenue well above 2019 level (+10%) Q3 Q3 L/L L/L In € millions 2021 2022 vs. Q3 21 vs. Q3 19 South Europe 47 83 +75% +9% North Europe 39 71 +67% (8)% ASPAC 21 49 +120% (8)% IMEAT 16 49 +175% +74% Americas 28 57 +81% +15% Total 151 308 +93% +10%
Slide 8: Takeaways
Takeaways 1 RevPAR activity above 2019 and that bodes well for Q1 23 • Corporate events • Asia upside potential • Pricing power 2 Net unit growth acceleration to reach c.+3.5% by year-end 3 EBITDA expected at the High-End of the guidance for FY22 4 The business profile is more resilient than ever: •
Slide 9: Appendices
Appendices Tribe London Canary Wharf, United Kingdom
Slide 10: Q3 2022 Revenue – From Like-for-Like to Reported
Q3 2022 Revenue – From Like-for-Like to Reported Like-for-Like HotelServices: +84% L/L vs. Q3 21 (1) +83% €486m Hotel Assets & Other: +80% L/L vs. Q3 21 (1) Perimeter Mainly Ennismore and Pullman Montparnasse +2% €14m Positive currency effect Currency +10% €60m • USD: €24m • AUD: €15m • CAD: €11m •
Slide 11: Year-to-Date Group Revenue
Year-to-Date Group Revenue YTD YTD Reported L/L L/L In € millions 2021 2022 vs. YTD 21 vs. YTD 21 vs. YTD 19 HotelServices 985 2,151 +118% +103% (4)% Hotel Assets & Other 434 746 +72% +66% (3)% Holding & Intercos (7) (23) N/A N/A N/A Total 1,412 2,874 +103% +91% (3)% Grand Mercure Solo Baru, Indones
Slide 12: RevPAR
\3\ RevPAR ACCOR - Q3 2022 ReveNve - OctoseR 26, 2022
Slide 13: RevPAR – Systemwide
RevPAR – Systemwide Q3 2022 vs. Q3 2019 YTD 2022 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 62.0 (6.8) 191.6 +34.9 118.8 +22.0 53.6 (12.8) 181.2 +26.9 97.2 +3.2 Midscale 67.6 (6.6) 99.3 +17.6 67.1 +7.5 59.6 (11.0) 92.3 +9.3 55.0 (7.4) Economy 69.6 (4.1) 66.0 +16.8 45.9 +10.4 61.6 (8.4)
Slide 14: RevPAR – Geographical Breakdown (1/2)
RevPAR – Geographical Breakdown (1/2) Q3 2022 vs. Q3 2019 YTD 2022 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 71.9 (5.7) 282.6 +24.7 203.3 +16.1 59.7 (9.0) 255.1 +20.0 152.2 +5.4 Midscale 72.5 (3.6) 123.3 +14.8 89.4 +9.5 62.7 (7.8) 116.6 +9.6 73.1 (2.3) Economy 74.0 (2.2) 74.7 +13.7 55.
Slide 15: RevPAR – Geographical Breakdown (2/2)
RevPAR – Geographical Breakdown (2/2) Q3 2022 vs. Q3 2019 YTD 2022 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 55.5 (11.7) 125.1 +8.4 69.5 (9.7) 47.8 (17.3) 117.4 (0.2) 56.0 (25.8) Midscale 62.6 (12.4) 83.3 +11.3 52.2 (6.6) 56.1 (16.0) 77.9 +3.6 43.7 (19.0) Economy 64.2 (13.1) 45.2 +7.8
Slide 16: RevPAR – France
RevPAR – France Q3 2022 vs. Q3 2019 YTD 2022 vs. YTD 2019 OR ARR RevPAR OR ARR RevPAR Lux. & Upscale 69.9 (4.4) 288.0 +25.3 201.2 +18.5 59.1 (7.2) 257.2 +19.5 152.0 +7.6 Midscale 72.1 (3.2) 126.2 +14.0 90.9 +9.3 62.9 (6.9) 119.7 +8.6 75.2 (2.1) Economy 73.4 (1.8) 74.4 +12.5 54.6 +9.9 65.0 (5.3) 70.2
Slide 17: Portfolio
\4\ Portfolio ACCOR - Q3 2022 ReveNve - OctoseR 26, 2022
Slide 18: Portfolio as of September 30th, 2022 (1/2)
Portfolio as of September 30th, 2022 (1/2) OWNED & LEASED MANAGED FRANCHISED TOTAL # hotels # rooms # hotels # rooms # hotels # rooms # hotels # rooms Luxury & Upscale 2 1,339 40 7,564 36 2,889 78 11,792 Midscale 1 51 164 24,755 370 35,659 535 60,465 Economy 0 0 252 31,624 1 043 76,885 1 295 108,509
Slide 19: Portfolio as of September 30th, 2022 (2/2)
Portfolio as of September 30th, 2022 (2/2) OWNED & LEASED MANAGED FRANCHISED TOTAL # hotels # rooms # hotels # rooms # hotels # rooms # hotels # rooms Luxury & Upscale 2 525 186 49,709 27 6,762 215 56,996 Midscale 5 796 83 17,089 23 4,391 111 22,276 Economy 10 1,681 75 13,842 15 2,309 100 17,832 IME
Slide 20: Exchange rates
\5\ Exchange rates ACCOR - Q3 2022 ReveNve - OctoseR 26, 2022
Slide 21: Q3 2022 Exchange Rates
Q3 2022 Exchange Rates Q3 2021 Q3 2022 Q3 2022 1€ = X foreign currency Average Rate Average Rate vs. Q3 2021 American Dollar (USD) 1.18 1.01 (14)% Australian Dollar (AUD) 1.60 1.48 (8)% Brazilian Real (BRL) 6.14 5.31 (14)% Turkish Lira (TRY) 10.07 18.04 +79% Canadian Dollar (CAD) 1.48 1.32 (11)% Bri
Slide 22: YTD 2022 Exchange Rates
YTD 2022 Exchange Rates YTD 2021 YTD 2022 YTD 2022 1€ = X foreign currency Average Rate Average Rate vs. YTD 2021 American Dollar (USD) 1.20 1.07 (11)% Australian Dollar (AUD) 1.58 1.51 (4)% Brazilian Real (BRL) 6.38 5.49 (14)% Turkish Lira (TRY) 9.67 16.78 +74% Canadian Dollar (CAD) 1.50 1.37 (9)%
Slide 23: Glossary
\8\ Glossary
Slide 24: 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 25: 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