Accor stock: Q3 growth lifts 2026 EBITDA outlook
Published on 11/11/2026 at 02:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth strengthens Accor outlook
- Third-quarter revenue reached 1.503 billion euros, up 7.7 percent at constant currency.
- Luxury and Lifestyle revenue increased 11.6 percent at constant currency.
- Accor expects full-year RevPAR growth at the upper end of its 2 percent to 2.5 percent range.
Accor reported strong third-quarter trading on October 22, 2026, and raised the lower end of its recurring EBITDA outlook for the full year. In its third-quarter release, the French hotel group said revenue reached 1.503 billion euros, up 7.7 percent at constant currency from the same quarter of 2025.
Luxury brands lead quarterly growth
Accor's Luxury & Lifestyle division delivered the strongest expansion, with revenue up 11.6 percent at constant currency. RevPAR, or revenue per available room, increased 8.3 percent in the division, while the Premium, Midscale & Economy division recorded RevPAR growth of 3.2 percent.
Group-wide RevPAR rose 4.9 percent in the quarter. Accor said the gain was supported by higher room rates, a favorable events calendar and a rebound in activity in several markets. The United Arab Emirates remained weaker than a year earlier, while Saudi Arabia, Egypt and Turkey posted strong performances in the Middle East and Africa region.
Higher floor for 2026 earnings
Accor now expects recurring EBITDA between 1,270 million euros and 1,285 million euros in 2026, compared with a previous range of 1,260 million euros to 1,285 million euros. Management also expects full-year RevPAR growth at the upper end of its 2 percent to 2.5 percent range, assuming no deterioration in UAE activity in the fourth quarter.
Network growth is now expected between 3.0 percent and 3.5 percent, compared with the previous expectation of around 3.5 percent. The revised EBITDA outlook includes an expected 10 million euro foreign-exchange headwind for 2026.
Global hospitality platform
Accor operates hotels, resorts, restaurants, wellness facilities and flexible workspaces across more than 110 countries. Its portfolio spans about 45 brands from luxury to economy, alongside the Ennismore lifestyle business and the ALL Accor booking and loyalty platform. Accor is headquartered in France and trades on Euronext Paris.
Its broad brand portfolio gives the group exposure to luxury, lifestyle, premium, midscale and economy lodging rather than a single hotel segment. The latest results indicate that luxury and lifestyle demand remains the main growth engine, while regional conditions continue to shape the outlook.
Accor company facts
- Company: Accor S.A.
- ISIN: FR0000120404
- Home exchange: Euronext Paris
- Headquarters: France
- Portfolio: More than 5,800 hotels and resorts across more than 110 countries
The French hospitality sector remains exposed to travel demand, regional events and geopolitical conditions. See the latest CAC 40 market developments for the broader European market environment.
