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Accor SA Achieves Record Growth in 2024

Story Highlights
  • Accor SA’s revenue rose 11% in 2024, driven by strong performance across divisions.
  • The company opened 293 hotels, achieving 3.5% net network growth, and plans increased shareholder returns.
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Accor SA Achieves Record Growth in 2024

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An update from Accor SA ( (FR:AC) ) is now available.

Accor SA reported another record year in 2024, with revenue up 11% to €5.606 billion and recurring EBITDA up 12% to €1.120 billion. The company opened 293 new hotels, reflecting a net network growth of 3.5%, and announced an increased return to shareholders. These positive results were driven by strong performance across its divisions and geographic areas, showcasing resilience in a challenging consumer environment. Accor’s strategic diversification and efficient organizational structure have positioned it for continued success as it approaches 2025 with confidence.

More about Accor SA

Accor SA is a leading global hospitality company that operates a wide range of hotels in various segments, including Premium, Midscale and Economy (PM&E) as well as Luxury & Lifestyle (L&L). With a diverse geographic presence, Accor continues to expand its hotel portfolio, aiming for robust growth in the hospitality industry.

YTD Price Performance: 5.09%

Average Trading Volume: 325,232

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €12.07B

See more data about AC stock on TipRanks’ Stock Analysis page.

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