PDF Accor Planet 21 Accor boasts an unrivalled portfolio of distinctive brands and more than 230,000 team members worldwide. The cost of net financial debt was up between FY 2020 and FY 2021, reflecting the downward revision to the Groups S&P credit rating in August 2020. Follow us on . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. 2019: Strong results and a successful transformation | Accor - Newsroom 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). The Planet 21 programme demonstrates the Group's ambitious goals for 2020, based around four strategic priorities: work with its employees, involve its customers, innovate with its partners and work with local communities. Moreover, this operation demonstrated the Groups ambition to accelerate its transition towards a sustainable growth, to notably pursue its commitment in terms of greenhouse gas emission reduction and to affirm its environmental and social values by involving the entire value chain. 2018 Consolidated Non-Financial Information. Water conservation measures in place. Premium, Midscale, Economy. PDF 2.23MB MGM Resorts International's 2020 Social Impact and Sustainability Hilton Recognized for Sustainability Leadership by Dow Jones Sustainability Indices November 17, 2021 arrow_forward Read More From Coral Conservation to . Recurring expenditure, which includes key money paid by HotelServices for its development and digital and IT investments, was kept in check, ending the year below the initially indicated range of 150-200 million. The Board's Responsible Business Committee reviews IHG's responsible business objectives and strategy, including the impact on environmental, social, community and human rights issues; IHG's strategic approach to sustainable development and responsible procurement; and how IHG engages with stakeholders. Sbastien Bazin, Chairman and Chief Executive Officer of Accor, said:Despite a disrupted start of the year due to overall health restrictions, 2021 showed significant improvement in our business, as of the spring, with trends picking-up month after month right up to December. Guest Service Agent - Club Sofitel Lounge. In 2019, this bond had been partially redeemed for the amount of 350 million. Through its global sustainability commitments (such as achieving Net Zero Carbon emissions by 2050, global elimination of single use plastics in its hotels' guest experience, etc. Environment & CSR. PDF document. September 21st, 2021. Solid and sustainable rebound. Corporate Sustainability - Sustainability - Grupo ACS 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. At the end of 2021, 25% of leadership positions are filled by women. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . 2021 ESG REPORT. In 2022, the finalization of the plan should have a positive impact on EBITDA amounting to 50 million. Responsible Business Report 2022. Through its Planet 21 Acting Here, 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. This increase reflected the sharp recovery in business during the second half of the year. Accor - Commitment 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). On February 5, 2021, Accor redeemed the maturing 550 million outstanding amount of a 900 million bond issued in February 2014. Performance & security by Cloudflare. As of December 31, 2021, the average cost of Accor's debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. Many have lost their lives. 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. The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. We also endeavour to incorporate stakeholder focus areas. The Company's brands include: Sofitel, Pullman, MGallery, Novotel, Suite Novotel, Mercure, ibis, all seasons, Etap hotel, hotelF1, Motel6, as well as Thalassa sea & spa, and Lentre. 6/24/2020. SUSTAINABILITY AND CSR REPORT 2019. Their members make up 25% of the global hotel industry by rooms and include 14 world-leading hotel companies including Marriott International, Hilton, IHG, Hyatt and Radisson Hotels Group as well as regional brands. Sustainability Accor reaffirms its net-zero commitment and signs two new initiatives. Accor is a world leading hospitality group consisting of 5,300 properties and 10,000 food and beverage venues throughout 110 countries. Since early 2021, this segment includes New Businesses (concierge services, luxury home rentals, private sales of hotel stays and digital services for hotel owners) which continue to be affected in different ways, ranging from the severely affected businesses directly related to the Travel sector, such as onefinestays private home rentals, to the digital businesses, such as the services provided by D-Edge. Letter from the CEO. We share our vision of digital transformation with purpose, our strategy and our . Environmental Sustainability Highlights 2019/2020 - Hyatt About As of December 31, 2021, the average cost of Accors debt came to 2.2% with an average maturity of four years, with no major repayment dates before 2026. On February 8, 2021, Accor was granted a covenant holiday to June 2022 for its Cloudflare Ray ID: 7a2f1821ef190cc1 During the second half of 2021, the Group returned to a positive cash generation situation. The change in working capital requirement returned to close to breakeven. To upgrade their status (to silver, gold and platinum), hotels then select the actions they wish to implement from a wider range of initiatives. On November 23, 2021, Accor announced the success of this transaction and partially redeemed two bonds, namely a bond with a 2023 maturity and a bond maturing in 2024, for a total amount of 448 million. For further information, visit www.sustainablehospitalityalliance.org. Accor: Our Planet 21 sustainable development program The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. This change masks disparities between the hard-hit businesses directly related to the Travel segment, such as onefinestay private home rentals, and the digital businesses, such as D-Edge services. At the end of 2021, the Group notably successfully renegotiated the covenant linked to the 1,200 million credit facility which now includes a liquidity covenant out to December 2023 before returning to the initial net debt ratio covenant. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. . 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. - Offering healthy, balanced and high-quality food: we use products grown in our kitchen gardens, local products, etc. Accor : 2021 Integrated report | MarketScreener Integrated Report 2020 - Atos Services to Owners revenue, which includes the Sales, Marketing, Distribution and Loyalty division, as well as shared services and the reimbursement of hotel staff costs, came to 1,064 million for FY 2021, down (43)% compared with FY 2019. Environment & CSR - Accor Letter from the CEO - Shell Sustainability Report 2019 Strong growth in consolidated revenue. notably in the Food & Beverage segment, but also for flex office activities, wellness, entertainment and events as well as technologies linked to the hotel industry. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Tel: 00 971 4 381 8888. Planet 21 Season 2 must enable us to create wealth sustainably and curb our negative impacts through the mobilization of our employees, guests, partners and local communities. Find out more about our design for recyclability on page 27 of the 2022 Sustainability Report. Revenue in the Hotel Assets & Other segment was up 29% like-for-like versus FY 2020 and down (35)% like-for-like versus FY 2019. Press releases. Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. Luxury & Lifestyle. The action you just performed triggered the security solution. Sustainability Reports | Amcor The action you just performed triggered the security solution. Key Achievements-. February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Sustainability and diversity detailed in new AccorHotels report PDF Environmental Sustainability Highlights 2019/2020 - Hyatt About Globally, there is a trend towards technical alignment among the five leading global sustainability reporting framework developers and standards-setters - CDP, Climate Disclosure Standards Board (CDSB), Global Reporting Initiative (GRI), International Integrated Reporting Council (IIRC) and Sustainability Accounting Standards Board (SASB) - known collectively as the Group of Five. 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. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. PDF version of our 2020 Sustainability Review - a summary of our approach and performance. Sustainability Report | Central Plaza Hotel (CENTEL) Accor also boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. Your IP: Melbourne, Victoria, Australia. 11/23/2021 3 min. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive The report includes the Group's management approach in integrating sustainability into its policies, structure, management and operations. In the Americas, the improvement in RevPAR was also noteworthy (+18 percentage points between the third and fourth quarters) which translated into a FY 2021 RevPAR down (46)% compared with FY 2019. reduction in plastic packaging. CDL Integrated Sustainability Report 2021 spotlights an adaptable and View File. Today, we want to scale up our ambitions by banking on innovation and accountability. 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. Accor is deeply committed to sustainable value creation, and plays an active role in giving back to the planet and the community. 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. 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. In our Sustainability Disclosure, we openly and transparently report on our progress, challenges and learnings. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Group revenue for the third quarter of 2021 came in at 589 million, up 79% as reported, and 79% like-for-like versus Q3 2020 (i.e., -40% compared with Q3 2019). Reports and Policies - Huawei Your IP: the share of recycled materials used in our garments from 5.8% to 17.9%. Accor's sustainability approach includes initiatives at your hotel to . Consolidated EBITDA came toa positive 22 million in FY 2021 compared with negative EBITDA of (391) million in FY 2020. The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . For more information visit group.accor.com or follow Accor on Twitter, Facebook, LinkedIn and Instagram. Key performance indicators.
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