Energy-saving guest room controls and building systems. Letter from the CEO. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. It was a tough year for everyone. Double our percentage of women in leadership to 34%. French hotel group Accor SA has said it is focused on a 500 million (expected) unsecured inaugural offer of seven-year sustainability-linked bonds. During full-year 2020, Accor opened 205 hotels, i.e., 28,942 rooms, confirming the appeal of the Group's brands to hotel owners. Planet 21 is AccorHotels' sustainability program which spans six key pillars including People, Guests, Partners, Communities, Buildings and Sustainable Food, with commitments aligned with the United Nation's Sustainable Development Goals. Our Future is About Sustainable Growth. At the end of 2021, between 25% and 27% of our revenues comes from lighting innovations that increase food availability, safety & security, or health & wellbeing. reduction in plastic packaging. The action you just performed triggered the security solution. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. Full-Year 2020 Results Accor demonstrates resilience and adaptability Accor - Commitment AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.Over 190,000 women and men in 3,900 AccorHotels establishments look after thousands of guests every day in 92 countries.AccorHotels is the worlds leading hotel operator and offers its customers, partners and employees:- its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);- a large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery by Sofitel, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) and economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;- a powerful marketplace and loyalty program: Le Club AccorHotels;- almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY). Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. Here you can filter our content according to your activity and your interests. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. This improvement in demand meant that average room rates came close to or, in many destinations at the end of 2021, even exceeded pre-Covid-19 levels. Savings made on water and energy are used to fund tree planting.One tree is planted every minute. PDF Wilmar International Limited - Asia's Leading Agribusiness Group An increase related primarily to the loss of recurring free cash flow in full-year 2020, the investment related to the acquisition of all of sbes brands, and the implementation of a share buyback program in Q1 2020. Cloudflare Ray ID: 7a2f1821ef190cc1 The report covers the period 1 January to 31 December. We measure and report on our Scope 1, Scope 2 . Aligned with the United Nations Sustainable Development Goals (SDGs), they commit to drive continued action on human rights, youth employment, climate action and water stewardship. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. Members benefit from the company's comprehensive loyalty program ALL - Accor Live Limitless a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. Two key issues to tackle will be food and buildings. Accsys offers the world a choice to build more sustainably, and we are committed to improving the positive impact we can make in the world, and in Environmental, Social and Governance (ESG) areas. Read more >. Included in the Integrated Report (Section 5 - p. 88) download. The action you just performed triggered the security solution. ESG | Korian In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Read full report. Performance & security by Cloudflare. In general, the sharper decline in M&F revenue compared to RevPAR (down (46)% over FY 2021 versus FY 2019) can be attributed to the strong decrease in incentive fees based on the hotel operating margin generated from management contracts. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Cloudflare Ray ID: 7a2f181ebecd86c6 Charlotte ThouvardSenior Vice President Group External CommunicationsAccor, 1995-2023 Hospitality Net All rights reserved Hospitality Net is powered by Hsyndicate, Accor's Third-quarter 2021 revenue of 589 million up 79% like-for-like, Accor CEO: Business is back, teams are back, desire is back.. This website is using a security service to protect itself from online attacks. Melco recognized by global environmental disclosure system CDP as one of China's . and Goals pdf 137671 BHP Climate Transition Action Plan 2021 pdf 2677572 BHP Climate Change Report 2020 pdf 3112031 BHP Scope 1, 2 and 3 GHG Emissions . The fruit and vegetables from this garden are served in the restaurant. To provide a comparison with RevPAR (presented as the change versus FY 2019 throughout this release), the like-for-like decline in revenue versus FY 2019 is (42)%. Sustainability | Melco Resorts & Entertainment Performance & security by Cloudflare. Over 68 million members benefit from the companys comprehensive loyalty program ALL - Accor Live Limitless - a daily Lifestyle companion that provides access to a wide variety of rewards, services and experiences. Sbastien Bazin, the Groups Chairman & CEO, stated, The commitment and energy demonstrated by our teams in deploying Planet 21 worldwide, are both valuable levers for our sustainable performance. The program for 2020 was drawn up in consultation with the teams. Follow us on . The report is prepared in accordance with the guidelines in the Swedish Annual Accounts Act. incentive fees based on the hotel operating margin. It is one of four key enablers to deliver our Strategic Plan. You can email the site owner to let them know you were blocked. Accor's unmatched position in lifestyle hospitality one of the fastest growing categories in the industry is led by Ennismore, a joint venture, which Accor holds a majority shareholding. Press releases | Accor - Newsroom Our Future is About Sustainable Growth. Through another year of change and challenges, we further strengthened our environmental conservation and dedication to making a lasting positive impact in our communities. Cloudflare Ray ID: 7a2f181b2b5e1623 Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. The fiscal year 2021 was the opportunity for Accor to continue optimizing its debt profile while aligning its financing strategy with its CRS ambitions. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its . accor sustainability report 2020meadowglen lane apartments. 193.32.208.109 hide. . With the remit of stepping up development of the two brands by rolling out exceptional offerings and cultural excellence with its teams, Accor appointed Stephen Alden to its Executive Committee and is CEO of the Raffles and Orient Express brands. Click to reveal Mar 2021 - Apr 20221 year 2 months. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. InterContinental Hotels Group Corporate Responsibility | IHG . ), Accor Solidarity, RiiSE and ALL Heartist Fund initiatives, the Group is focused on driving positive action through business ethics, responsible tourism, environmental sustainability, community engagement, diversity and inclusivity. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Initiatives to cut fixed costs were partially offset by weaker government subsidies than a year earlier, but nevertheless also continued to have a positive impact. PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. After adding a record 45,108 rooms (327 hotels) on an organic basis during the period, including 12,954 rooms (65 hotels) in the Luxury segment, Accor had a portfolio of 739,537 rooms (5,036 hotels) and a pipeline of 208,000 rooms (1,206 hotels) at December 31, 2019, of which 76% in emerging markets. 2017 Report. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. SUSTAINABILITY AND CSR REPORT 2019. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. Water conservation measures in place. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. It follows the GRI methodology and use selected Standards with a GRI . It has affected so many people around the world. Sustainability is integral to how we contribute to social value creation. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. AccorHotels takes its corporate responsibility to the next level with For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. They work with leading hospitality companies and strategic partners to address key challenges affecting our planet and its people, and develop practical resources and programmes to enable the wider industry to operate responsibly and grow sustainably. In 2021, payment of fees was in line with business levels during the year as well as the collection of certain fees for which payment deadline extensions were granted to certain hotel owners. We share our vision of digital transformation with purpose, our strategy and our . Two key issues to tackle will be food and buildings. 47 million, largely due to the full consolidation of sbe since Q4 2020. Cloudflare Ray ID: 7a2f1819ababf6ad This increase reflected the sharp recovery in business during the second half of the year. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. Your IP: The Report can be accessed here. Consensus ESG Ratings info for Accor | Company Ratings Performance & security by Cloudflare. Hotel Assets & Other EBITDA came to 48 million in 2021 versus (22) million in 2020. The Asia-Pacific region enjoyed a sequential improvement in RevPAR (+9 percentage points between the third and fourth quarters) after a third quarter hit by tighter Covid restrictions. Accor. Cloudflare Ray ID: 7a2f1863d83a23d4 PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About The action you just performed triggered the security solution. Today, we want to scale up our ambitions by banking on innovation and accountability. The action you just performed triggered the security solution. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . Your IP: Accor achieved all of this while ensuring that tomorrow's hospitality is built on sustainable foundations, and we strive to make a positive impact on people and planet, giving back more than we take. The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. - Eco-certified soap, shower gel and shampoo is available in our rooms, - Environmentally-friendly, eco-certified cleaning products. RevPAR was down (28)% in FY 2021 compared with FY 2019 in this region. The Accor has been a committed group for many years, and has constantly worked to redefine boundaries. The expansion of The Pledge comes at a time when travellers' awareness of and demand for tourism sustainability practices continues to grow, with Millennials and GenZ taking the lead with heightened environmental consciousness. It's our way of opening our doors and creating opportunities for all. South Europe, driven by France, reported a (41)% decline in RevPAR over FY 2021 compared with FY 2019. For 2022, the Group expects a net unit growth of 3.5%. Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. The proceeds of this issue were partly used to refinance existing debt of 448 million with maturities in 2023 and 2024, through a Liability Management operation coupled to this bond issue. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. Accor's hotels join over 500 hotels in Thailand that have signed The Pledge since the Thai microsite was established in 2020. Live stock. Luxury & Lifestyle. PDF Accor Planet 21 2021 Integrated report. The issues we are tackling are systemic, requiring supply chain and business transformation. Above & Beyond is our commitment to embrace sustainability as a catalyst for growth and change in a sustainable, positive and rewarding way. The announcement follows the conclusion of investor calls on Nov. 16, which engaged more than 100 accounts, according to the company. On November 12th, the UN Climate Change Summit (COP26) in Glasgow ended with a clear consensus that the world needs to do much more to limit global warming to 1.5C by 2050 and avert a climate crisis. Responsible Business - InterContinental Hotels Group PLC Click to reveal Following the announcement of its intention to sponsor the Special Purpose Acquisition Company (SPAC) on May 20, 2021, Accor successfully took part in a private placement and the Euronext Paris initial offering of Accor Acquisition Company (AAC). Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). This performance breaks down as positive EBITDA for Management & Franchise (M&F) and a negative contribution from Services to Owners. Early 2020 has been a time of extraordinary turbulence because of the spread of the COVID-19 pandemic. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Melbourne, Victoria, Australia. Beyond accommodation, Accor enables new ways to live, work, and play, by blending food and beverage with nightlife, wellbeing, and co-working. For additional information or eco - collaborations kindly contact : Ms. Kavitha Kanichettysai Sai ha8v6-qm@accor.com. Premium, Midscale, Economy. 164.46.106.217 2011-2020 Huawei Consumer Business . Accor offered sustainable alternatives to single-use plastics to maintain the same level of guest experience. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. In the India, Middle East, Africa & Turkey (IMEAT) region, the recovery in business between the third and fourth quarters was impressive (+28 percentage points with RevPAR exceeding FY 2019 levels in the last quarter). These two transactions were part of the bank financing restructuring negotiated by AccorInvest, which also provided for a loan guaranteed by the French government. North Europe showed a more modest sequential improvement (+2 percentage points between the third and fourth quarters) and ended FY 2021 with RevPAR down (57)% compared with FY 2019. After five years, the results of the first phase of the plan are very encouraging. Accor is concentrating its efforts on ensuring the return to profitability initiated in 2021, capitalizing on the activity rebound and the positive recurring impact from its RESET cost savings plan. Our vision is to drive the change towards positive, more responsible and inventive hospitality, wherever we are., Planet 21|2016-2020: same direction, higher aims. Building on the strength of our teams and of our holistic ecosystem of leading brands, personalized services & expert solutions, we break new ground to reimagine hospitality and inspire new ways to experience the world. The remaining 33.33% is held by Sharan Pasricha, the founder of Ennismore. In 2021, the Group reported a consolidated revenue of 2,204 million, up 34% like-for-like (LFL) versus FY 2020. Planet 21 Season 1 [2011-2015]: a solid track record. 00:00. We strive to develop sustainable hospitality strategies and encourage sustainability wherever we operate." Mr. Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts All regions are now generating positive EBITDA. As the desire to escape and to resume travelling has never been stronger, we are well underway to make the most of this rebound in all our markets. Although the effects of this unprecedented crisis linked to the Covid-19 pandemic have not yet fully disappeared, all of the Groups geographies now appear to be well on the way to enjoying more normative levels of business. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. CDL Integrated Sustainability Report 2021 spotlights an adaptable and
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