Full-Year 2025 Results

Results above 2025 guidance, achieved against a complex global backdrop.

February 19, 2026

2025 was defined by both continuity and distinction. Accor built on our long-standing trajectory of solid growth, with most regions once again performing above 2019 levels.

What sets this performance apart is that it was achieved amid persistent inflationary pressures, complex macroeconomic challenges, foreign exchange headwinds, and an evolving geopolitical landscape.

Once again Accor delivered solid performance in 2025, in line with its medium-term objectives. This consistent year-on-year improvement in results confirms the strength of the Group’s business model, the attractiveness of its brands, the relevance of its geographic positioning, and the commitment of its teams.

Sebastien Bazin

Chairman and CEO of Accor

Our 2025 Results at a Glance

Swipe through to discover the highlights of the Group's 2025 performance, the milestones achieved, and the strategies driving this momentum.

Group Recurring EBITDA up +13.3%: Lifting EBITDA to Historic Highs

Group Recurring EBITDA exceeded the 11-12% guidance to reach a new record level for the third consecutive year, at €1,201m, reflecting an impressive 13.3% increase.

Robust EBITDA growth of 20% in Luxury & Lifestyle and 8.1% in Premium, Midscale & Economy contributed to these strong results.

Group Revenue at €5,639m: Strong Financial Results across the Board

The Group delivered financial performance, achieving €5,639m in revenue, representing an increase of +4.5% vs. FY 2024 at constant currency.

This performance was underpinned by a 2.4% rise at constant currency for Premium, Midscale & Economy and a 9.8% rise at constant currency for Luxury & Lifestyle.

RevPAR Growth +4.2% vs FY 2024: A Standout Finish in the Fourth Quarter

RevPAR growth once again exceeded guidance, increasing by +4.2% vs FY 2024.

RevPAR growth accelerated quarter after quarter, driven by a stellar Q4 performance with an exceptional +7% growth and supported by our geographical diversification.

Pipeline Growth of 10.3%: Powering Accor’s Next Chapter of Growth

Our pipeline significantly expanded, reaching a powerful 10.3%, in line with our guidance.

Luxury & Lifestyle presented a solid growth of +5.9%, while Premium, Midscale & Economy presented a standout contribution of +11.6%, with the MEA APAC region proving particularly strong.

Building Lasting Value through an Unwavering Commitment to Sustainability

We embed our social and environmental objectives across our business, viewing sustainability as key to unlocking new value and dynamic development.

Our commitment is evidenced by a 5% reduction in water intensity in 2025, the achievement of an impressive 57% of eco-certified hotels, acting as a social elevator for our Talent, and increasing female representation to 41% at VP level and above.

A Strong Performance in 2025 Sets a Positive Trajectory for 2026

Our consistent 2025 performance, culminating in a high-momentum Q4, paves a positive path for 2026 and reinforces our commitment to our objectives outlined at 2023 Capital Markets Day.

These results reflect our trusted partnerships with our owners and the dedication, passion, and commitment of our Heartists®, leading to new share buybacks for our shareholders.