An update from Accor SA ( (FR:AC) ) is now available.
Accor SA reported another record year in 2024, with revenue up 11% to €5.606 billion and recurring EBITDA up 12% to €1.120 billion. The company opened 293 new hotels, reflecting a net network growth of 3.5%, and announced an increased return to shareholders. These positive results were driven by strong performance across its divisions and geographic areas, showcasing resilience in a challenging consumer environment. Accor’s strategic diversification and efficient organizational structure have positioned it for continued success as it approaches 2025 with confidence.
More about Accor SA
Accor SA is a leading global hospitality company that operates a wide range of hotels in various segments, including Premium, Midscale and Economy (PM&E) as well as Luxury & Lifestyle (L&L). With a diverse geographic presence, Accor continues to expand its hotel portfolio, aiming for robust growth in the hospitality industry.
YTD Price Performance: 5.09%
Average Trading Volume: 325,232
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €12.07B
See more data about AC stock on TipRanks’ Stock Analysis page.