O c t o b e r 2 2 n d , 2 0 2 0
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conditions.
Q3 2020 Highlights
Business Update | System Growth | |
Systemwide RevPAR | +7,800 gross rooms | |
(63)% L/L | opened | |
System occupancy | +3.3% LTM net organic | |
35% | system growth | |
90% of hotels open | Pipeline at 208k rooms | |
as of end-September | ||
Financial Performance
€329m Group Revenue
(64)% L/L
Management & Franchise revenue
(72)% L/L
Recovery driven by domestic travel
Only 1% of countries with no restrictions
2% | 1% | ||||||||||||||||
15% | 13% | ||||||||||||||||
24% | |||||||||||||||||
15% | |||||||||||||||||
26% | |||||||||||||||||
76% | 85% | 87% | 83% | 73% | |||||||||||||
Apr. | May | Jun. | Jul. | Aug. |
Complete or partial closure of borders (to high-risk countries) Borders opened but tests required
Source: UNWTO
90% Accor hotels open as of end-September
38% | ||
Occ. 11% | ||
90% | ||
67% | Occ. 36% | |
Occ. 20% | ||
Mar. | Apr. May Jun. Jul. Aug. Sep. |
Air traffic recovery | ||||||||||
0 | ||||||||||
-25 | ||||||||||
-51% | Domestic | |||||||||
-50 | ||||||||||
-87% | Inter- | |||||||||
-75 | ||||||||||
-88% | national | |||||||||
-98%
Jan. Feb. Mar. Apr. May Jun. Jul. Aug.
Source: IATA
Accor RevPAR recovers after April trough
(60)%
-62.8%
(75)%
(90)%
Mar. | Apr. May Jun. Jul. Aug. Sep. |
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Accor SA published this content on 22 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 October 2020 15:54:02 UTC