Accor reported strong third-quarter 2026 results, with revenue increasing 7.7% at constant currency and RevPAR rising 4.9%, prompting the hospitality company to raise its full-year recurring EBITDA guidance.
Revenue totaled approximately $1.68 billion (€1.503 billion) for the quarter ended Sept. 30, compared with approximately $1.53 billion (€1.369 billion) during the same period last year. On a constant currency and scope basis, revenue increased 8.6%.
Accor’s Luxury & Lifestyle division was a major contributor to the quarter’s performance, generating approximately $453 million (€404 million) in revenue, up 11.6% at constant currency compared with Q3 2025. Premium, Midscale & Economy revenue increased 2.1% at constant currency to approximately $860 million (€767 million).
“The group delivered strong growth in the third quarter, supported in particular by our Luxury & Lifestyle division and a favorable events calendar across several key markets,” said Sébastien Bazin, chairman/CEO, Accor. “Solid performance, combined with continued financial discipline in an uncertain geopolitical environment, allows us to upgrade our EBITDA guidance for the full year.
He continued, “The quality of our brand portfolio, leadership positions in the attractive luxury and lifestyle segments and in growth regions, the strength of our commercial platform and the commitment of our teams all give us confidence that 2026 will be another year of growth.”
Companywide RevPAR increased 4.9% compared with the third quarter of 2025, with ADR increasing 4.7% and occupancy improving 0.1 percentage points to 70.6%. Luxury & Lifestyle RevPAR rose 8.3%, driven by ADR. Excluding the Middle East, the division’s RevPAR increased 11.3%. Luxury RevPAR was up 8.9%, while Lifestyle increased 7.1%.
The Americas delivered the strongest regional RevPAR increase within Accor’s Premium, Midscale & Economy division, rising 6.5% year-over-year. Brazil, which accounts for 60% of the region’s room revenue, continued to produce healthy RevPAR growth, although the pace moderated to single digits. Europe North Africa RevPAR increased 2.5%, while Middle East, Africa and Asia-Pacific grew 3.6%.
Accor also continued expanding its global footprint, opening 63 hotels representing nearly 9,000 rooms during the quarter. Net unit growth reached 3% over the previous 12 months. At the end of September, Accor’s portfolio comprised 5,857 hotels with 885,219 rooms, while its development pipeline totaled more than 273,000 rooms across 1,628 hotels.
The results followed a second quarter that Accor said was severely disrupted by conflict in the Middle East. Third-quarter activity rebounded strongly in the United Arab Emirates, while other geographies performed in line with expectations. The company said the improved performance, combined with strict cost control, enabled it to increase its recurring EBITDA target.
For full-year 2026, Accor now expects RevPAR growth at the upper end of its 2%-2.5% range. Recurring EBITDA is expected to reach approximately $1.42 billion-$1.44 billion (€1.27 billion-€1.285 billion), compared with previous guidance of approximately $1.41 billion-$1.44 billion (€1.26 billion-€1.285 billion). The company also expects network growth of 3%-3.5%.
Tags: Sébastien Bazin Accor
