Accor Reports Q3 2024 Results

Accor reported Q3 2024 results. While RevPAR growth is normalizing, the group continues to benefit from its diversification in terms of geography and segment. The group’s two divisions—Premium, Midscale, and Economy (PM&E) and Luxury & Lifestyle (L&L)—both posted good performances. During the third quarter of 2024, Accor opened 47 hotels, representing 8,000 rooms, i.e. net unit growth of 3.2 percent over the last 12 months. At the end of September 2024, the group had a […]

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