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Accor - Shareholders & Investors Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. CAC 40 - INDEXEURO. Read more >. While business in Saudi Arabia remained held back by tight restrictions weighing on pilgrimages, the United Arab Emirates benefit from demand linked to Expo 2021 which started from October 1, 2021. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Letter from the CEO. Sustainability and ESG - Accsys Technologies French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. The program for 2020 was drawn up in consultation with the teams. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. In the India, Middle East, Africa & Turkey (IMEAT) region, the recovery in business between the third and fourth quarters was impressive (+28 percentage points with RevPAR exceeding FY 2019 levels in the last quarter). September 21st, 2021. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. You can email the site owner to let them know you were blocked. Your IP: It describes the Company's sustainability platform, material focus areas, goals and results. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. In early 2020, W. L. Gore & Associates (Gore) announced its first carbon reduction goals for the enterprise: a 60% reduction in absolute . Click to reveal Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. 164.46.106.217 As the desire to escape and to resume travelling has never been stronger, we are well underway to make the most of this rebound in all our markets. 2021 ESG REPORT. Water conservation measures in place. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. Your IP: Planet 21 Season 1 [2011-2015]: a solid track record. Hilton - TRAVEL WITH PURPOSE Performance & security by Cloudflare. "This year's report documents important milestones marking 10 years on our sustainability journey, in which we've achieved scale in our signature ingredient sourcing programs Cocoa Life and Harmony Wheat. The action you just performed triggered the security solution. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. It follows the GRI methodology and use selected Standards with a GRI . 00:00. 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 action you just performed triggered the security solution. accor sustainability report 2020 Planet 21 allowed the Group to unite its teams and engage its guests and partners in a structured approach which is recognized by several ethical stock market indices. Download Snacking Made Right ESG Report. Revenue in the Management & Franchise (M&F) stood at 518 million, up 74% like-for-like versus FY 2020 (down (51)% like-for-like versus FY 2019), with regional performances correlated to health crisis developments in the countries considered. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. 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. Mia Martina - Guest Service Supervisor - Sofitel Melbourne - LinkedIn Full-Year 2020 Results Accor demonstrates resilience and adaptability Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. At the end of 2021, the Group notably successfully renegotiated the covenant linked to the 1,200 million credit facility which now includes a liquidity covenant out to December 2023 before returning to the initial net debt ratio covenant. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). Their members make up 25% of the global hotel industry by rooms and include 14 world-leading hotel companies including Marriott International, Hilton, IHG, Hyatt and Radisson Hotels Group as well as regional brands. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. Each year Loomis publishes an integrated annual and sustainability report. Press releases | Accor - Newsroom During the second half of 2021, the Group returned to a positive cash generation situation. 2017 Report. Sustainability is integral to how we contribute to social value creation. 2019 Sustainability Review. Over 68 million members benefit from the companys comprehensive loyalty program ALL - Accor Live Limitless - a daily Lifestyle companion that provides access to a wide variety of rewards, services and experiences. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. View File. The Planet 21 programme demonstrates the Group's ambitious goals for 2020, based around four strategic priorities: work with its employees, involve its customers, innovate with its partners and work with local communities. 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. AccorHotels takes its corporate responsibility to the next level with Full-Year 2022 Results. Two key issues to tackle will be food and buildings. Your IP: In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. In the Americas, the improvement in RevPAR was also noteworthy (+18 percentage points between the third and fourth quarters) which translated into a FY 2021 RevPAR down (46)% compared with FY 2019. 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). The Group has one of the industrys most diverse and fully-integrated hospitality ecosystems encompassing luxury and premium brands, midscale and economy offerings, unique Lifestyle concepts, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. Senior Vice President Group External Communications. The Group strives to act for "positive hospitality" and has set ambitious objectives, structured around four strategic pillars: working with our teams, involving our clients . Tel: 00 971 4 381 8888. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. CAC 40. For 2022, the Group expects a net unit growth of 3.5%. Our Future is About Sustainable Growth. At year-end 2020, the Group had a hotel portfolio of 753,344 rooms (5,139 hotels) and a pipeline of 212,000 rooms (1,209 hotels), of which 73% in emerging markets. Coupa Software Incorporated - AnnualReports.com Monthly cash burn averaged 20 million in 2021, versus 61 million in 2020. This website is using a security service to protect itself from online attacks. Many have lost their lives. 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. Performance & security by Cloudflare. Sustainability & Environmental Responsibility | Social - Gore You can email the site owner to let them know you were blocked. Environmental Sustainability Highlights 2019/2020 - Hyatt About Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. As of December 31, 2021, the average cost of Accors debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts The Group controls this new entity through the ownership of a 66.67% stake. 217.61.142.251 Group net financial debt as of December 31, 2021 came to 1,844 million, versus 1,346 million as of December 31, 2020. Cloudflare Ray ID: 7a2f181ebecd86c6 The Management & Franchise division of HotelServices reported EBITDA of 275 million, significantly higher than in 2020 (25 million) and down (64)% like-for-like compared with FY 2019. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. This website is using a security service to protect itself from online attacks. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. Press Releases. Eco-designed materials used in the bedrooms. ESG challenges - i.e., Environmental, Social and Governance (ESG . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. Accor AC - Euronext Paris. Environment & CSR. . . This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. At Shell, we are doing everything we can to help in the global response to the virus. As of end of December 2021, combined . 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. The report solidifies the company's commitment to creating a sustainable future and making a difference in the lives of employees, guests and the communities in which it operates. The action you just performed triggered the security solution. 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). and its hotels to measure and improve its sustainability performance long-term with specific goals. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Here you can filter our content according to your activity and your interests. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. Accor - Commitment Reports and Policies - Huawei Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. notably in the Food & Beverage segment, but also for flex office activities, wellness, entertainment and events as well as technologies linked to the hotel industry. An increase related primarily to the loss of recurring free cash flow in full-year 2020, the investment related to the acquisition of all of sbes brands, and the implementation of a share buyback program in Q1 2020. Through its global sustainability commitments (such as achieving Net Zero Carbon emissions by 2050, global elimination of single use plastics in its hotels' guest experience, etc. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Your IP: Read full report. Letter from the CEO. Integrated Report 2020 - Atos The Board of Directors met on February 23, 2022 and reviewed the financial statements ending on December 31, 2021. Our solid performances were achieved owing to the strength of our brands, our financial discipline and the sterling efforts of our teams who, throughout the year, demonstrated determination, tenacity and generosity. Accor took one bold commitment in 2019/20: eliminate ALL guest-related single-use plastic items in its hotels by end 2022 across 110 countries . . Mercure Dubai Barsha Heights - Sustainability In general, the sharper decline in M&F revenue compared to RevPAR (down (46)% over FY 2021 versus FY 2019) can be attributed to the strong decrease in incentive fees based on the hotel operating margin generated from management contracts. Read full report. Marriott International Reports on Environmental, Social, and Governance Included in the Integrated Report (Section 5 - p. 88) download. hide. This report is prepared in accordance with the Global Reporting Initiative (GRI) Standards (Core option). It is core to our strategy and sits at the heart of everything we do. Innovation is integral to Kering's sustainability policy. The Group targets to re-install an ordinary dividend payment calculated on the basis of 50% of the recurring free cash flow, in line with its historical dividend policy.
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