ACRFF Stock, Accor Information
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About Accor
Accor operates 803,000 rooms across around 40 brands addressing the economy through luxury segments, as of Sept. 30, 2022. Ibis (economy scale) is the largest brand (37% of total rooms at the end of 2022), followed by mid scale brands Mercure (16%) and Novotel (14%). FRHI offers additional luxury and North American exposure. After the sale of the majority of HotelInvest (owned assets) in 2018-19, the majority of total EBITDA comes from HotelServices (asset-light). Northern Europe represents 21% of rooms, Southern Europe 23%, Asia-Pacific region 32%, Americas 12%, and India, Middle East, and Africa 12%. Economy and midscale are 73% of rooms.