Accor has demonstrated resilience in the first half of 2026, reporting a 6.5% increase in recurring EBITDA at constant currency, totalling $593 million (€563 million). This growth comes despite disruptions in the Middle East, which began in late February and significantly impacted the region's hotel activity. The group's diversified portfolio and strict cost discipline have been pivotal in maintaining its growth trajectory.

Accor's net unit growth reached 3.2%, with the opening of 109 hotels, adding nearly 14,000 rooms. The company's pipeline also expanded by 11.4%. Revenue per available room (RevPAR) increased by 2.2% overall, with a notable 4.6% rise when excluding the Middle East. The group's recurring free cash flow surged by 42% to $204 million (€194 million).

Sébastien Bazin, Chairman and CEO of Accor, highlighted the company's robust performance, stating, "This performance reflects the momentum in our key markets, the commitment of our teams, the strength of our brands, and our rigorous cost discipline."

Looking ahead, Accor anticipates recurring EBITDA for 2026 to be between $1,327 million (€1,260 million) and $1,353 million (€1,285 million). The company has also launched the second tranche of its share buyback programme, valued at $237 million (€225 million).

Despite challenges in the Middle East, particularly in the United Arab Emirates, Accor's strategic focus on an asset-light model and its geographical diversification have positioned it well for continued growth. The company remains committed to executing its strategic roadmap, with plans to dispose of its stake in Essendi, further simplifying its business model

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