Business travel Daily · Friday, 23 October 2026
TRAVELVISTA
Accor Q3 RevPAR up 4.9%, full-year EBITDA guidance raised
Accor's Q3 2026 RevPAR grew 4.9% year on year, with revenue of EUR 1.503 billion, and the full-year recurring EBITDA guidance was raised to EUR 1.270–1.285 billion. Corporate travel buyers and hotel suppliers should watch room rate and negotiated rate negotiation room; in the Middle East, affected by conflict, UAE RevPAR fell about 20% year on year.
Hotels and Accommodation
Accor Q3 2026 revenue €1.503 billion and raises EBITDA guidance
On October 22, 2026, Accor released its third-quarter 2026 operating data: quarterly revenue was €1.503 billion, up 7.7% at constant exchange rates, and system-wide RevPAR rose 4.9% year on year. In the quarter, 63 hotels and nearly 9,000 rooms were opened, and net unit growth over the past 12 months was 3.0%. By division, RevPAR in the Luxury & Lifestyle division rose 8.3%; by region, the Middle East was affected by conflict, and RevPAR in the UAE was still down about 20% year on year. Based on the above performance, Accor raised its full-year recurring EBITDA guidance to €1.270–1.285 billion. On the same day's earnings call, Accor Chief Financial Officer Martine Gerow said that third-quarter RevPAR growth came almost entirely from room rates, with average daily rate up 4.7% year on year to €117 and occupancy up slightly by 0.1 percentage point to 70.6%. An October 23 report said that on Thursday's earnings call, Gerow said that because of the riots in France, the company had incorporated some prudence regarding the French market into its full-year outlook, and remained cautious about a possibly larger decline in the Middle East market amid the US-Iran war and the Saudi-Houthi war; France is Accor's largest market, accounting for 23% of global room revenue, of which the Paris region accounts for about 12%, the Middle East about 11%, the UAE about 4%, and Saudi Arabia about 5%. Some analysts believe Accor's implied guidance for the fourth quarter is on the conservative side. A November 3 report reiterated third-quarter revenue of €1.503 billion, growth of 7.7% at constant exchange rates, global RevPAR growth of 4.9%, occupancy up slightly by 0.1 percentage point to 70.6%, and average room rate up 4.7%, and stated that RevPAR in the Chinese market continues to come under pressure.
IHG Global RevPAR Up 5.3% in Q3 2026
On October 22, 2026, InterContinental Hotels Group released its Q3 trading update for the period ended September 30, 2026, with global RevPAR up 5.3% year over year, including Americas up 6.8%, EMEAA up 5.0%, and Greater China down 3.3%. A follow-up report the same day said global RevPAR rose to US$97.16, and system-wide business transient room revenue grew 4% year over year, mainly driven by a 3.9% increase in average daily rate; Americas business transient room revenue grew 6% year over year, with group business up 12%; Greater China RevPAR fell to US$41.73, and RevPAR in six Middle East countries fell 12% due to proximity to conflict zones. An October 23 report said group CEO Elie Maalouf stated in the trading update that the company is taking market share from competitors, with conversions accounting for about half of its new U.S. hotel openings and 60% of signings, and most coming from other branded hotels rather than independent hotels. Market consensus now expects IHG net room growth of 4.8% this year, up from 4.2% previously; the company confirmed confidence in reaching that figure and said a strong Q3 could drive a slight upward revision to consensus. Another October 23 report said that within the 6.8% Americas growth, the U.S. grew 6.9%, and U.S. occupancy reached 73.9%, the highest level since 2017.
GDS, NDC and Distribution
Amadeus and Wizz Air reach distribution agreement
On 22 October 2026, Amadeus and Wizz Air announced an agreement under which Wizz Air content will be made available for the first time to Amadeus travel sellers in selected markets through the Amadeus Ticketless Access (ATLA) solution. Channels including travel management companies, travel agencies, OTAs and tour operators can search and book Wizz Air flights and ancillary services within existing Amadeus workflows, and corporate travel buyers and business travelers can also access its fares through existing tools. The agreement has currently been announced; the specific markets covered and the launch timing have not yet been disclosed.
Policy, Visas and Regulation
IATA PressroomFirst partyIATA and OneVasco to integrate visa services into Timatic
On October 22, 2026, IATA and OneVasco announced that OneVasco's visa concierge service will be integrated into IATA's Timatic Solutions. According to what the two parties published, travelers can check entry requirements in Timatic and then apply for visas directly. The current progress is that the two parties announced the cooperation and disclosed the integration arrangement; the report did not mention the specific launch time of the integration, a phased implementation plan, or the range of countries covered.