Slide 1: Q3 2023 Revenue
Q3 2023 Revenue October 26th, 2023 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 2023 Highlights
Q3 2023 Highlights Sustained momentum Rigorous execution 1 Systemwide RevPAR 1 Resilient global demand +15% L/L vs. Q3 22 2 Continued financial discipline translating in upgrade to Investment Grade 2 Net Unit Growth credit rating and successful €500m hybrid +3.0% LTM refinancing 3 Execution of the c
Slide 4: Q3 RevPAR: Pricing Resilience & Occupancy gains
Q3 23 RevPAR: Pricing Resilience & Occupancy gains Premium, Midscale & Economy Luxury & Lifestyle +25% +15% +15% +14% +13% +12% +9% ENA MEA APAC Americas Total Total Luxury Lifestyle Total Occupancy Rate Average Room Rate RevPAR L/L year-on-year
Slide 5: Portfolio as of September 30th, 2023
Portfolio as of September 30th, 2023 Premium, Midscale & Economy Luxury & Lifestyle LTM M&F LTM M&F Network Pipeline revenue Network Pipeline revenue Hotels 5,020 1,025 Hotels 517 248 €1.2k/room €3.8k/room Rooms 699k 171k Rooms 114k 47k In rooms In rooms 328k 297k 113k 83k 73k 49k 24k 31k 23k 10k EN
Slide 6: +13% L/L Growth in Group Revenue vs. Q3 2022
Grand Mercure, Shenzhen, China +13% L/L Growth in Group Revenue vs. Q3 2022 Q3 Q3 Reported L/L In € millions 2022 2023 change Change M&F 201 225 +12% +17% STO 257 279 +9% +11% HA & Other 261 262 +1% +10% Prem., Mid. & Eco. 719 767 +7% +13% M&F 107 108 +2% +11% STO 309 343 +11% +18% HA & Other 22 88
Slide 7: +15% L/L Growth in M&F Revenue vs. Q3 2022
Mondrian Singapore Duxton +15% L/L Growth in M&F Revenue vs. Q3 2022 Q3 Q3 Reported L/L In € millions 2022 2023 change Change ENA 130 140 +7% +8% MEA APAC 55 66 +19% +36% Americas 16 19 +24% +29% Prem., Mid. & Eco. 201 225 +12% +17% Luxury 80 80 0% +10% Lifestyle 27 28 +5% +17% Luxury & Lifestyle 10
Slide 8: Swift Execution of the Capital Allocation Plan
Pullman Cape Town City Center, South Africa Swift Execution of the Capital Allocation Plan Success of the tender Upgrade to offer and intention to Investment Grade fully redeem the hybrid BBB-, outlook stable issued in Jan. 2019 Sept. 12th Oct. 10th Oct. 4th Launch of a €400m share buyback €500m ove
Slide 9: Key Takeaways
Rixos, Kotor, Montenegro Key Takeaways 1 Resilient activity with pricing holding well 2 Net unit growth guidance confirmed at c.+2-3% 3 Raised FY23 guidance • RevPAR growth expected in the low 20s • EBITDA expected between €955m and €985m
Slide 10: Appendices
Appendices Handwrtitten Collection, Relais San Martino Salento, Italy
Slide 11: Q3 2023 Revenue vs. Q3 2022 – From Like-for-Like to Reported
Q3 2023 Revenue vs. Q3 2022 – From Like-for-Like to Reported Like-for-Like +13% €152m Perimeter Mainly Paris Society +7% €85m Negative currency effect Currency CAD: €(11)m (9)% €(98)m • • EGP: €(12)m • TRY: €(14)m • USD: €(18)m • AUD: €(26)m Reported +12% €139m
Slide 12: Group Revenue
Mercure, Nairobi, Kenya Group Revenue YTD YTD Reported L/L In € millions 2022 2023 change Change M&F 497 628 +26% +30% STO 620 800 +29% +29% HA & Other 681 757 +11% +19% Prem., Mid. & Eco. 1,799 2,185 +21% +25% M&F 245 319 +30% +38% STO 788 998 +27% +29% HA & Other 64 242 +277% +20% Luxury & Lifesty
Slide 13: M&F Revenue
Mama Shelter Dijon, France M&F Revenue YTD YTD Reported L/L In € millions 2022 2023 change Change ENA 323 382 +18% +19% MEA APAC 135 194 +43% +55% Americas 39 53 +36% +38% Prem., Mid. & Eco. 497 628 +26% +30% Luxury 179 233 +31% +37% Lifestyle 67 86 +28% +39% Luxury & Lifestyle 245 319 +30% +38% Tot
Slide 14: YTD 2023 Revenue vs. YTD 2022 – From Like-for-Like to Reported
YTD 2023 Revenue vs. YTD 2022 – From Like-for-Like to Reported Like-for-Like +26% €750m Perimeter Mainly Paris Society +8% €224m Negative currency effect Currency USD: (11)m (6)% €(160)m • • CAD: €(19)m • TRY: €(25)m • EGP: €(32)m • AUD: €(46)m Reported +28% €814m
Slide 15: RevPAR
\2\ RevPAR ACCOR ~ Q3 2023 REVENUE - OcToBER 26, 2023
Slide 16: RevPAR – Systemwide
RevPAR – Systemwide Q3 2023 vs. Q3 2022 YTD 2023 vs. YTD 2022 OR ARR RevPAR OR ARR RevPAR ENA 73.6 0.7 103 8.0 76 9.0 67.9 5.5 99 12.4 67 22.3 MEA APAC 69.8 7.0 80 13.2 56 25.4 66.8 10.4 84 19.7 56 40.9 Americas 60.8 -0.7 67 14.4 40 13.2 58.2 2.0 66 22.1 38 26.3 Prem., Mid. & Eco. 70.7 3.0 90 10.1 6
Slide 17: Portfolio
\3\ Portfolio
Slide 18: Portfolio as of September 30th, 2023
Portfolio as of September 30th, 2023 OWNED & LEASED MANAGED FRANCHISED TOTAL # hotels # rooms # hotels # rooms # hotels # rooms # hotels # rooms ENA 8 2,493 926 138,838 2,030 187,027 2,964 328,358 MEA APAC 40 7,070 781 178,574 784 111,575 1,605 297,219 Americas 56 11,395 168 29,566 227 31,999 451 72
Slide 19: Exchange rates
\4\ Exchange rates ACCOR ~ Q3 2023 REVENUE - OcToBER 26, 2023
Slide 20: Q3 2023 Exchange Rates
Q3 2023 Exchange Rates Q3 2022 Q3 2023 Q3 2023 1 foreign currency = X€ Average Rate Average Rate vs. Q3 2022 American Dollar (USD) 0.99 0.92 (7)% Australian Dollar (AUD) 0.68 0.60 (11)% Brazilian Real (BRL) 0.19 0.19 (0)% Turkish Lira (TRY) 0.06 0.03 (38)% Canadian Dollar (CAD) 0.76 0.68 (10)% Briti
Slide 21: YTD 2023 Exchange Rates
YTD 2023 Exchange Rates YTD 2022 YTD 2023 YTD 2023 1 foreign currency = X€ Average Rate Average Rate vs. YTD2022 American Dollar (USD) 0.94 0.92 (1)% Australian Dollar (AUD) 0.66 0.62 (7)% Brazilian Real (BRL) 0.18 0.18 +1% Turkish Lira (TRY) 0.06 0.04 (30)% Canadian Dollar (CAD) 0.73 0.69 (6)% Brit
Slide 22: Glossary
\5\ Glossary
Slide 23: Glossary
Glossary Division definitions • M&F: Management & Franchise • STO: Services to Owners • HA & Other: Hotel Assets & Other Region organization • ENA: Europe North Africa including France, Germany and UK • MEA APAC: Middle East Africa Asia Pacific including United Arab Emirates, Dubai, China and Austra
Slide 24: ACCOR
ACCOR ORIENT EXPRESS \ RAFFLES \ FAENA \ BANYAN TREE \ FAIRMONT \ MANTIS \ EMBLEMS \ SOFITEL \ MGALLERY ell{HE «21¢ MUSEUM HOTEL \ 25HOURS \ DELANO \ GLENEAGLES \ HYDE \ JO&JOE \ MAMA SHELTER \ MONDRIAN MORGANS ORIGINALS \ SLS \ SO \ THE HOXTON \ WORKING FROM \ RIXOS \ PARIS SOCIETY ART SERIES \ PUL