Accor AC - Euronext Paris. Dec 2016 - Jan 20181 year 2 months. Building on the strength of our teams and of our holistic ecosystem of leading brands, personalized services & expert solutions, we break new ground to reimagine hospitality and inspire new ways to experience the world. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. This website is using a security service to protect itself from online attacks. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. Energy-saving guest room controls and building systems. At the end of December 2021, the Group had a hotel portfolio of 777,714 rooms (5,298 hotels) and a pipeline of 214,000 rooms (1,218 hotels). This focus on sustainability is directly aligned with our promise of Together, improving life, and our long-established values, culture and commitment to Associates, customers and communities. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. Cloudflare Ray ID: 7a2f181ebecd86c6 Performance & security by Cloudflare. For more information visit accor.com, or become a fan and follow us on Twitter and Facebook. To provide the hotels with effective support as they deploy this new plan, Charter 21, the in-house sustainable development management system for hoteliers, has evolved and been renamed Planet 21 in Action. With the remit of stepping up development of the two brands by rolling out exceptional offerings and cultural excellence with its teams, Accor appointed Stephen Alden to its Executive Committee and is CEO of the Raffles and Orient Express brands. . The new system aims higher and is more accommodating as regards local specifics and operational realities. Jean-Jacques Morin, Deputy CEO & CFO, and Brune Poirson, Chief Sustainability Officer, discuss the Group's commitment to ESG, focusing on one of its key areas: net zero carbon. It describes the Company's sustainability platform, material focus areas, goals and results. During the second half of 2021, the Group returned to a positive cash generation situation. Moreover, this operation demonstrated the Groups ambition to accelerate its transition towards a sustainable growth, to notably pursue its commitment in terms of greenhouse gas emission reduction and to affirm its environmental and social values by involving the entire value chain. Performance & security by Cloudflare. AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.Over 190,000 women and men in 3,900 AccorHotels establishments look after thousands of guests every day in 92 countries.AccorHotels is the worlds leading hotel operator and offers its customers, partners and employees:- its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);- a large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery by Sofitel, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) and economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;- a powerful marketplace and loyalty program: Le Club AccorHotels;- almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY). You can email the site owner to let them know you were blocked. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Quality Policy. On November 23, 2021, Accor announced the success of this transaction and partially redeemed two bonds, namely a bond with a 2023 maturity and a bond maturing in 2024, for a total amount of 448 million. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 6/24/2020. All regions are now generating positive EBITDA. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. September 21st, 2021. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. See stock description. This report also includes a summary of how ITC's Sustainability 2.0 ambitions and priorities are contributing to the achievement of United Nation's Sustainable Development Goals (UN SDGs). Click to reveal Click to reveal The IHG Academy is a collaboration where we link up with education providers and community groups around the world by providing local people with the opportunity to develop skills and improve their employment prospects in one of the world's largest leading hotel companies. You can email the site owner to let them know you were blocked. Strong growth in consolidated revenue. We share our vision of digital transformation with purpose, our strategy and our . Sbastien Bazin, Chairman and Chief Executive Officer of Accor, said:Despite a disrupted start of the year due to overall health restrictions, 2021 showed significant improvement in our business, as of the spring, with trends picking-up month after month right up to December. This change masks disparities between the hard-hit businesses directly related to the Travel segment, such as onefinestay private home rentals, and the digital businesses, such as D-Edge services. This performance was linked to the recovery in business which reflected better absorption of fixed costs. Letter from the CEO. During the first quarter of 2021, two capital increases were completed for the amounts of 150 million (of which 45 million for Accor) and of 327 million (of which 109 million for Accor). The Group has been acquiring hospitality expertise for more than 50 years, resulting in an unrivaled portfolio of brands, from luxury to economy, supported by one of the most attractive loyalty programs in the world. Sustainability is integral to how we contribute to social value creation. Accor SA is publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACRFY) in the United States. Accor, a world leading hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable Hospitality Alliance, a global organisation that brings together engaged hospitality companies and uses the industry's collective power to address and tackle . The action you just performed triggered the security solution. 67.211.219.14 HotelServices, which includes fees from Management & Franchise (M&F) and Services to Owners, generated 1,582 million in revenue, up 36% like-for-like versus FY 2020 (down (46)% like-for-like versus FY 2019). The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. Members benefit from the company's comprehensive loyalty program ALL - Accor Live Limitless a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. Our teams are devoted to fighting against this evil and encourage their customers to do the same. Key performance indicators. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. The Board's Responsible Business Committee reviews IHG's responsible business objectives and strategy, including the impact on environmental, social, community and human rights issues; IHG's strategic approach to sustainable development and responsible procurement; and how IHG engages with stakeholders. The Report can be accessed here. Click to reveal Cloudflare Ray ID: 7a2f18038eaaef6f We are working to reduce the environmental impacts of our operations through our EnviroAction program. Click on the brand of your choice if you want to filter the benefits. 00:00. Included in the Integrated Report (Section 6 - p. 120) Download. A common baseline comprising 16 mandatory actions, sets a demanding first level of commitment (bronze status). On October 1, 2021, following the all-share merger, Accor became the majority shareholder in the new entity created with Ennismore, positioned in the Lifestyle hotel segment. *This commitment should be reached in the year 2020 in areas where the supply chains are developed (in-shell eggs in Europe, for example) and by 2025 on the markets where the supply chains are still in development. CAC 40. The expiry of loyalty points at the end of the year eased the impact of the decline in revenue for this area of business compared to the Management & Franchise (M&F) activity. Develops talent from within and a strong disciplinarian who leads by example. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. Accor's sustainability approach includes initiatives at your hotel to . Performance & security by Cloudflare. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. This transaction completed the Liability Management operation initiated with the successful placement on November 18, 2021, of an inaugural Sustainability-Linked Bond issue indexed on the Groups sustainable development targets for an amount of 700 million (7-year maturity, 2.375% coupon). . Share your thoughts with Twitter #ActingHere, More information on the digital press kit. The action you just performed triggered the security solution. Your IP: of suppliers regard H&M Group as a fair business partner. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. Accor is concentrating its efforts on ensuring the return to profitability initiated in 2021, capitalizing on the activity rebound and the positive recurring impact from its RESET cost savings plan. As of December 31, 2021, the average cost of Accor's debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. 2017 Report. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. incentive fees based on the hotel operating margin. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. 12/28/2022. Wilmar International Limited - Asia's Leading Agribusiness Group Planet 21 is AccorHotels' sustainability program which spans six key pillars including People, Guests, Partners, Communities, Buildings and Sustainable Food, with commitments aligned with the United Nation's Sustainable Development Goals. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. . 01/03/2023 02:25 (Paris) 7.74 2.31%.
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accor sustainability report 2020