Accor SA Boasts Strong Growth in H1 2024

Accor SA (FR:AC) has released an update.

Accor SA has reported a strong first half of 2024, with a 6% increase in RevPAR compared to H1 2023, an 11% increase in revenue to €2,677m, and a significant net growth of their hotel network by 4.1%. The group opened 146 new hotels, adding 24,000 rooms, and now boasts a total of 838,722 rooms. The positive trend spans across all geographic areas, with particularly solid performance in the Middle East and Southeast Asia, enabling Accor to raise its RevPAR target for 2024.

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