Accor Q3 2026 revenue €1.503 billion and raises EBITDA guidance
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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.
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事件进展
- 10月23日 05:54 · 1reports雅高因法国骚乱和中东局势在业绩展望中保持谨慎Skift Feed：Accor adds prudence to full-year outlook due to French riots and Middle East situation
- 10月22日 08:00 · 3reports雅高2026年Q3营收15.03亿欧元并上调EBITDA指引Accor News & Stories：Accor Q3 2026 RevPAR up 4.9%, full-year EBITDA guidance raised
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- Pinchain TourismAccor Q3 revenue €1.503 billion, China RevPAR under continued pressure
Accor's Q3 2026 revenue was €1.503 billion, up 7.7% year on year at constant exchange rates; global RevPAR rose 4.9% year on year, but occupancy edged up only 0.1 percentage point to 70.6%, with growth mainly driven by a 4.7% increase in average room rate.
- Skift FeedAccor adds prudence to full-year outlook due to French riots and Middle East situation
Accor Group Chief Financial Officer Martine Gerow said on Thursday's earnings call that, due to the French riots, the company has added a certain degree of prudence regarding the French market to its full-year outlook, and remains cautious about a potentially 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, with the Paris region accounting for about 12%; the Middle East accounts for about 11%, the UAE about 4%, and Saudi Arabia about 5%. Some analysts believe Accor's implied guidance for the fourth quarter is conservative.
- Business Travel NewsAccor Q3 system-wide RevPAR up 4.9% year on year, Middle East impact weakens
Accor Chief Financial Officer Martine Gerow said on the earnings call that third-quarter system-wide revenue per available room (RevPAR) grew 4.9% year on year, with growth coming almost entirely from room rates; average daily rate rose 4.7% year on year to 117 euros, and occupancy edged up 0.1 percentage points to 70.6%.
- Accor News & StoriesSelectedAccor Q3 2026 RevPAR up 4.9%, full-year EBITDA guidance raised
Accor's Q3 2026 RevPAR rose 4.9% year on year, with revenue of €1.503 billion, up 7.7% at constant exchange rates. In the quarter it opened 63 hotels and nearly 9,000 rooms, net unit growth over the past 12 months was 3.0%, and it raised its full-year recurring EBITDA guidance to €1.270–1.285 billion. RevPAR in the Luxury & Lifestyle division grew 8.3%; in the Middle East, affected by conflict, UAE RevPAR was still down about 20% year on year.
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