Accor Raises Full-Year Profit Outlook After Strong Quarter
The international hotel operator reported third-quarter revenue of 1.503 billion euros, up 9.8% year on year.
Updated on Oct. 22, 2026 in Hotels
Live Poll
Do you plan to travel more or less in the coming months given current hotel prices?
Accor has raised the lower end of its full-year recurring EBITDA guidance to 1.285 billion euros following a period of strong performance. Third-quarter revenue reached 1.503 billion euros, marking a 9.8% increase compared to the same period last year.
Why it matters
Growth was driven by strong performance in luxury and lifestyle brands alongside a favorable international events calendar. The results also reflect a notable rebound in Middle East demand as the region stabilizes following previous conflict-related disruptions.
Third-quarter revenue per available room (RevPAR) rose 4.9% globally, with European RevPAR growing 2.5%. Meanwhile, UAE RevPAR remained 20% below year-earlier levels.
The players
Accor
Accor is a multinational hospitality company that owns, manages, and franchises hotels, resorts, and vacation properties worldwide.
The details
Accor opened 63 hotels and 9,000 rooms during the third quarter, while its development pipeline increased by 9.5% to exceed 273,000 rooms. Business in France saw a significant boost from major events, including the visit of Pope Leo and a Celine Dion tour.
Timeline
Q2 2026: Conflict in the Middle East disrupted hotel performance.
September 2026: French business was boosted by major events and trade shows.
Q3 2026: Accor achieved 9.8% year-on-year revenue growth.
October 22, 2026: Accor officially raised its full-year profit outlook.
Travel Outlook
The company's performance follows the International Financial Reporting Standards (IFRS) recurring EBITDA disclosure requirements to provide global transparency to investors. This reporting marks a continuation of standardized financial tracking as the international hospitality sector navigates fluctuating regional demand.
Travelers may encounter reduced room availability in regions with heavy events calendars, such as France, due to high luxury demand. Those planning trips to the UAE may find more competitive pricing in the current market environment while demand continues to recover.
The takeaway
Accor's decision to trim its network growth target to 3.0%-3.5% suggests a strategic shift toward quality and profitability over rapid expansion. Investors and travelers should monitor how luxury and lifestyle brand performance continues to anchor the company's financial resilience.
Further reading
For more insights on the lodging industry, visit our Hotels section.
Live Poll
Do you plan to travel more or less in the coming months given current hotel prices?
