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. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. Download Snacking Made Right ESG Report. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. 193.32.208.109 16.3 mb. All. Following the announcement of its intention to sponsor the Special Purpose Acquisition Company (SPAC) on May 20, 2021, Accor successfully took part in a private placement and the Euronext Paris initial offering of Accor Acquisition Company (AAC). It shares the Group's sustainability journey, provides insights into its strategies, as well as highlights the economic, environmental and social aspects of the Group's developments and operations. This website is using a security service to protect itself from online attacks. 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. It's our way of opening our doors and creating opportunities for all. - Lacey Pfalz, Associate Writer, TravelPulse. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 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. Three points should be noted: During FY 2021, Group recurring free cash flow improved significantly, from (727) million in FY 2020 to (246) million in FY 2021. Our vision is to drive the change towards positive, more responsible and inventive hospitality, wherever we are., Planet 21|2016-2020: same direction, higher aims. Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . The Group controls this new entity through the ownership of a 66.67% stake. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Cloudflare Ray ID: 7a2f18038eaaef6f Click to reveal The Asia-Pacific region enjoyed a sequential improvement in RevPAR (+9 percentage points between the third and fourth quarters) after a third quarter hit by tighter Covid restrictions. Our Future is About Sustainable Growth. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. Sbastien Bazin, the Groups Chairman & CEO, stated, The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. As of April 2021, Accor enjoyed a sequential rebound in business, with RevPAR improving month after month. You can email the site owner to let them know you were blocked. It is one of four key enablers to deliver our Strategic Plan. 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. AccorHotels, the world's leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. This increase reflected the sharp recovery in business during the second half of the year. This system encourages ownership of the issues at stake as well as employee and guest accountability regarding social and environmental responsibility. Organic waste diversion program in place. 2021 ESG REPORT. Ennismore is a creative hospitality company with a global collective of entrepreneurial and founder-built brands with purpose at their heart. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. PDF 2.23MB Accor has set some of the most ambitious sustainability targets in the industry, and in 2021, we committed to achieving net-zero carbon emissions by 2050. Group revenue for the third quarter of 2021 came in at 589 million, up 79% as reported, and 79% like-for-like versus Q3 2020 (i.e., -40% compared with Q3 2019). Waste Reduction. Included in the Integrated Report (Section 5 - p. 88) download. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. 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. Their report is currently being prepared. 2018 Consolidated Non-Financial Information. 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 EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. Hyderabad Area, India. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 12/16/2021 1 min. Read full report. Innovation is integral to Kering's sustainability policy. Your IP: Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 2019 Sustainability Review. Letter from the CEO. 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. On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. room and apartment distribution activities and managed properties). PDF 10.87MB; ESG Databook. Mar 2021 - Apr 20221 year 2 months. Solid and sustainable rebound. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. . You can email the site owner to let them know you were blocked. 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. 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. "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. RevPAR was down (49)% in FY 2021 compared with FY 2019. Our Future is About Sustainable Growth. They work with leading hospitality companies and strategic partners to address key challenges affecting our planet and its people, and develop practical resources and programmes to enable the wider industry to operate responsibly and grow sustainably. 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. Key Achievements-. Accor is a hotel management company founded in 1967 and based in Paris, France. As of end of December 2021, combined . Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Reported revenue for the period reflects the following factors: Consolidated RevPAR was down 62.0% overall for the full-year, and down 64.5% for the second semester. Performance & security by Cloudflare. HotelServices EBITDA was positive at 93 million for 2021. Armed with these strengths, we are confident in our capacity to enduringly continue creating value for our partners as well as our shareholders.. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. 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 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. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. This plan was the Groups way of encouraging the hospitality business to do In 2019, this bond had been partially redeemed for the amount of 350 million. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. Eco-designed materials used in the bedrooms. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to planet and community. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. Living our purpose - we secure your future - means being a responsible and transparent company to build customer trust and shareholder confidence. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. . 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. . The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. accor sustainability report 2020meadowglen lane apartments. Novotel Hyderabad Airport. . Click to reveal 2020. The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. CAC 40. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. 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. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. 2022 Full-year results. The fruit and vegetables from this garden are served in the restaurant. 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. 2017 Report. 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. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Morroco Ourika. The . Initiatives to cut fixed costs were partially offset by weaker government subsidies than a year earlier, but nevertheless also continued to have a positive impact. This improvement in demand meant that average room rates came close to or, in many destinations at the end of 2021, even exceeded pre-Covid-19 levels. Develops talent from within and a strong disciplinarian who leads by example. Live stock. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. 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. Each year Loomis publishes an integrated annual and sustainability report. Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. At Accor, we ask our customers to reuse their towels. For 2022, the Group expects a net unit growth of 3.5%. The cost of net financial debt was up between FY 2020 and FY 2021, reflecting the downward revision to the Groups S&P credit rating in August 2020. 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). 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). 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. . September 21st, 2021. 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. For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. 531 kb. Your IP: Included in the . 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. Environment & CSR. We also endeavour to incorporate stakeholder focus areas. United Arab Emirates. Performance & security by Cloudflare. Sustainability Disclosure 2021. Accor's sustainability approach includes initiatives at your hotel to . The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the site owner to let them know you were blocked. Accor achieved all of this while ensuring that tomorrow's hospitality is built on sustainable foundations, and we strive to make a positive impact on people and planet, giving back more than we take. The new system aims higher and is more accommodating as regards local specifics and operational realities. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. 00:00. Plant wall, fight against food waste, etc. It is core to our strategy and sits at the heart of everything we do. Water-efficient landscaping. Key considerations and . The Company's brands include: Sofitel, Pullman, MGallery, Novotel, Suite Novotel, Mercure, ibis, all seasons, Etap hotel, hotelF1, Motel6, as well as Thalassa sea & spa, and Lentre. A team leader who gets the best out of his staff. We measure and report on our Scope 1, Scope 2 . Accor is a world-leading augmented hospitality group offering unique experiences in 5,000 hotels and residences across 110 destinations. 2011-2020 Huawei Consumer Business . 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). It follows the GRI methodology and use selected Standards with a GRI . View File. This number reflects an improvement compared with more than 70 million targeted initially, thanks to the implementation of the staff redundancy plan and tight control of consultant costs. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. . Services to Owners revenue, which includes the Sales, Marketing, Distribution and Loyalty division, as well as shared services and the reimbursement of hotel staff costs, came to 1,064 million for FY 2021, down (43)% compared with FY 2019. 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. Full-Year 2022 Results. View File. The Group achieved solid results regarding the actions taken over the 2011-2015 period. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. EBITDA sensitivity per point of RevPAR amounted to (16.4) million for each one-point decline in RevPAR compared with 2019 versus (18.7) million in FY 2020. 40% of our Resort's hot water is heated by solar power. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. The covenant was not tested on the two test dates of June 30 and December 31, 2021. Besides, Accor will continue working on restoring its pre-Covid credit profile and could contemplate an additional return beyond its ordinary dividend subject to the respect of this objective. This number shows a marked sequential improvement in this indicator which was down by only (17)% during the closing quarter (i.e. 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. 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. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. 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. Two key issues to tackle will be food and buildings. The action you just performed triggered the security solution. PDF document. Corporate Sustainability; . Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. Performance & security by Cloudflare. 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. 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. Carbon Neutral Certificate by Farnek. 6/24/2020. A sustainable commitment to improve your hotel's performance. It was a tough year for everyone. 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. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. 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. 01/03/2023 02:25 (Paris) 7.74 2.31%. The action you just performed triggered the security solution. 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 action you just performed triggered the security solution. This website is using a security service to protect itself from online attacks. 62.141.45.132

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