Accor SA - Company Profile
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View moreBusiness Description
Accor SA (Accor) is involved in the hospitality business. It manages and franchises hotels under the luxury and upscale, midscale and economy brands. Its luxury and upscale hotel brands include Movenpick, Pullman, Mantis, Angsana, Grand Mercure, Mgallery, Swissotel, The Sebel and Peppers. The group's midscale brands comprise Novotel, Mantra, Mercure, and Adagio. Its economy brands include ibis, ibis Styles, greet, BreakFree, ibis budget and hotelF1. Its hotel operations are spanned across Southern Europe, Northern Europe, Americas, Asia- Pacific and IMEAT (India, Middle-East, Africa and Turkey). As of December 31, 2022, the group operated 5,445 hotels with an inventory of 802,269 rooms operate in more than 110 countries.
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Business Segments
Overview
Includes owned and leased hotels. Offers asset portfolio management design, construction, renovations, hotel maintenance activities, accommodation services and catering services. Also, comprises of AccorPlus, Accor Vacation Club, and Strata activities in the Asia-Pacific region.
Performance
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Overview
Operates hotels under management or franchise contracts. Classified its operations into two sub segments: Management and Franchise and Services to owners. Under Management and Franchise sub-segment, the company focuses on hotel management and franchise business. It operates in Southern Europe; Northern Europe; Asia-Pacific; Americas and India, Middle East, Africa and Turkey (IMEAT). Under Services to owners sub segment, the company serves hotel owners with loyalty program, sales, marketing and distribution, shared services and rebilling of costs incurred on behalf of hotel owners.
Performance
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Overview
Includes the cost of central support functions such as governance, human resources, finance, communication, legal and others.
Performance
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