This website is using a security service to protect itself from online attacks. Although the effects of this unprecedented crisis linked to the Covid-19 pandemic have not yet fully disappeared, all of the Groups geographies now appear to be well on the way to enjoying more normative levels of business. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . Senior Vice President Group External Communications. Letter from the CEO. Sustainability. The Report provides details about the completion of the rollout of the 2016-2020 Planet 21 program. The expansion of The Pledge comes at a time when travellers' awareness of and demand for tourism sustainability practices continues to grow, with Millennials and GenZ taking the lead with heightened environmental consciousness. North Europe showed a more modest sequential improvement (+2 percentage points between the third and fourth quarters) and ended FY 2021 with RevPAR down (57)% compared with FY 2019. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. 164.46.106.217 During 2021, Accor organically opened 288 hotels, representing 41,000 rooms, resulting in a net growth in the network of 3% over the 12-month period. A sustainable commitment to improve your hotel's performance. 2017 Report. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. Accor Planet 21 Background . Two key issues to tackle will be food and buildings. Click on the brand of your choice if you want to filter the benefits. We also endeavour to incorporate stakeholder focus areas. At the end of 2021, between 25% and 27% of our revenues comes from lighting innovations that increase food availability, safety & security, or health & wellbeing. In 2019, this bond had been partially redeemed for the amount of 350 million. Sbastien Bazin, the Group's Chairman & CEO, stated, "The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. All. 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. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. Performance & security by Cloudflare. Marriott International, Inc. (Nasdaq: MAR) ("Marriott") today released its 2021 Serve 360 Report presenting data from 2020 and demonstrating its Environmental, Social, and Governance (ESG) efforts toward the company's 2025 Sustainability and Social Impact Goals. (ESG) strategy framework is focused on 10 priorities, determined through a materiality assessment conducted in mid-2020. You can email the site owner to let them know you were blocked. 2018 Consolidated Non-Financial Information. 2020. Sustainable Food and Beverage. Click to reveal With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. reduction in plastic packaging. This plan was the Groups way of encouraging the hospitality business to do Accor AC - Euronext Paris. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. PDF 2.23MB The assessment included seeking internal and external stakeholder feedback. 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. A team leader who gets the best out of his staff. 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). 2021 Consolidated Non-Financial Information. Our 21st Sustainability Report covers the period 01 January 2021 . It is one of four key enablers to deliver our Strategic Plan. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Through its Planet 21 Acting Here, Accor Solidarity, RiiSE and ALL Heartist Fund initiatives, the group is focused on driving positive action through business ethics, responsible tourism, environmental sustainability, community engagement, diversity and inclusivity. 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. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. Sustainability and innovation. You can email the site owner to let them know you were blocked. 00:00. 2021 Integrated report. Corporate Sustainability; Empower; Diversity, Equity, & Inclusion; Coupa Cares; Coupa Ventures; . This website is using a security service to protect itself from online attacks. . At the end of 2021, 25% of leadership positions are filled by women. 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. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. This website is using a security service to protect itself from online attacks. The . Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. 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. Key Achievements-. The action you just performed triggered the security solution. Planet 21 Season 2 must enable us to create wealth sustainably and curb our negative impacts through the mobilization of our employees, guests, partners and local communities. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. The Group controls this new entity through the ownership of a 66.67% stake. "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. and its hotels to measure and improve its sustainability performance long-term with specific goals. With the remit of defining, managing and coordinating the commitments, strategy and roll-out of Group action plans in terms of sustainable development, Brune Poirson joined Accor and its Executive Committee as Sustainable Development Director. Accor's unmatched position in lifestyle hospitality one of the fastest growing categories in the industry is led by Ennismore, a joint venture, which Accor holds a majority shareholding. hide. 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. Anne-France MalrieuImage 7Phone: +33 1 53 70 74 66afmalrieu@image7.fr, Carina Alfonso MartinDirectrice des Relations Media mondePhone: +33 1 45 38 84 84carina.alfonsomartin@accor.com, Delphine DumonceauRelations pressePhone: +33 1 45 38 84 95delphine.dumonceau@accor.com, Marie-Camille AubagnacRelations pressePhone: +33 1 45 38 19 16marie-camille.aubagnac@accor.com, Sbastien ValentinSVP Financial Communications and Investor RelationsPhone: 33 (0)1 45 38 86 25sebastien.valentin@accor.com, Marie NielInvestor RelationsPhone: +33 (0)1 45 38 86 94marie.niel@accor.com. 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. It has made significant progress, in particular as regards well-being in the workplace, child protection, biodiversity, and water and energy consumption management. PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. September 21st, 2021. At the end of 2015, all its hotels were committed to protecting children from abuse (in-house awareness program, WATCH) and more than 4.5 million trees had been planted worldwide since 2009. 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. Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . 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 . In 2013, for example, Kering founded the Material Innovation Lab, which provides the Group's Houses with more than 3,000 sustainable fabric and textile samples. Since early 2021, this segment includes New Businesses (concierge services, luxury home rentals, private sales of hotel stays and digital services for hotel owners) which continue to be affected in different ways, ranging from the severely affected businesses directly related to the Travel sector, such as onefinestays private home rentals, to the digital businesses, such as the services provided by D-Edge. . Read Letter from the CEO. It's our way of opening our doors and creating opportunities for all. 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. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. 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 . 16.3 mb. 2022 Full-year results. Accor is a hotel management company founded in 1967 and based in Paris, France. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 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. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. As of end of December 2021, combined with the two undrawn credit facilities of 1.8 billion, Accor had a liquidity position of 3.4 billion. The fruit and vegetables from this garden are served in the restaurant. 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. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. 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. 531 kb. Read full report. +7 percentage points between the third and fourth quarters). Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. Your IP: In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. The program for 2020 was drawn up in consultation with the teams. PDF document. Charlotte ThouvardSenior Vice President Group External CommunicationsAccor, 1995-2023 Hospitality Net All rights reserved Hospitality Net is powered by Hsyndicate, Accor's Third-quarter 2021 revenue of 589 million up 79% like-for-like, Accor CEO: Business is back, teams are back, desire is back.. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. 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. This SPAC successfully raised 300 million with a view to acquire one or more companies in sectors related to the core hotel business operated by Accor, To provide a comparison with RevPAR (presented as the change versus FY 2019 throughout this release), the like-for-like decline in revenue versus FY 2019 is (42)%. A trouble-shooter who is constantly looking to solve problems and see problems as challenges. The action you just performed triggered the security solution. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive 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. Performance & security by Cloudflare. Dec 2016 - Jan 20181 year 2 months. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. This performance was linked to the recovery in business which reflected better absorption of fixed costs. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . the share of recycled materials used in our garments from 5.8% to 17.9%. Ben van Beurden, CEO. 6/24/2020. They deliver "Value as a Service" by helping their customers maximize their spend under management, achieve significant cost savings and drive profitability. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. As part of a policy of progress and transparency, the Group asked its customers for their views on these issues, updated its environmental footprint and assessed its socio-economic footprint for the first time to assess the challenges it faces and construct its new 5-year program. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 2019 Sustainability Review. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. Performance & security by Cloudflare. 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. Strong growth in consolidated revenue. We take a Capitals approach, reporting under Manufactured, Human, Social, Natural, Intangible . Accsys offers the world a choice to build more sustainably, and we are committed to improving the positive impact we can make in the world, and in Environmental, Social and Governance (ESG) areas. 67.211.219.14 HotelServices EBITDA was positive at 93 million for 2021. 01/03/2023 02:25 (Paris) 7.74 2.31%. At Shell, we are doing everything we can to help in the global response to the virus. The action you just performed triggered the security solution. 62.141.45.132 Cloudflare Ray ID: 7a2f1819ababf6ad Guest Service Agent - Club Sofitel Lounge. room and apartment distribution activities and managed properties). 75.119.192.80 There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. Cloudflare Ray ID: 7a2f181ebecd86c6 It is more flexible and is based on a participative approach allowing each hotel to set its own objectives and map out its own action plan. 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 decline reflects an environment disrupted by the resurgence of the Covid-19 pandemic, despite a marked improvement in global business levels from April 2021. Press releases. 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). 2020 Consolidated Non-Financial Information. Performance & security by Cloudflare. It follows the GRI methodology and use selected Standards with a GRI . It was a tough year for Shell, but also a year when we set a clear path for our future. Operational waste. 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). 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).
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