Professional Documents
Culture Documents
Integrated
report
CONTENTS
Corporate profile 2
Our commitment 36
”
vision.
Message from
Sébastien Bazin,
Chairman and Chief
Executive Officer
2022 was the year optimism returned for the travel experience in more than 80% of our hotels, and are
industry, and Accor thrived. Leisure and domestic working hand in hand with all stakeholders to achieve
travel are back stronger than ever, international travel meaningful change. It’s a question of mindset, vision,
is gathering momentum, and Accor’s own activity and determination. I’m convinced we share these.
was very strong, outpacing 2019 levels. This is a tribute
Also more than ever critical to hospitality is our
to the fundamental strengths of the Group, to our
people. We are continuing to focus on what matters
solid partnership with our owners and partners, and
most to me, taking care of and empowering our
above all, a tribute to our teams’ incredible spirit and
290,000+ Talents, and we are deeply committed to
tenacity, which drive the Accor vision.
recruitment, development and training. To care for
Our brand portfolio remains unmatched and we one another is the very essence of hospitality, and
pursued our global expansion in 2022, signing at Accor we embrace this purpose wholeheartedly.
signif icant development agreements in China,
unveiling the Orient Express train and opening 300
new hotels. We are continuously evolving to best
accelerate our growth and support our owners and
We are poised to boldly
network, and our decision to organize the Group move forward and further
into two dedicated divisions reinforces our focus and
positions us to fully reap the benefits of our expertise,
strengthen our leadership
brands, and market leadership. as the most attractive
The future of hospitality goes far beyond the hotel and innovative hospitality
room, it’s also about unlocking inspired experiences
and capturing ever-changing guest needs, and we
Group.
continued to create unique moments and diversify
our offerings in 2022. We enriched our F&B concepts, I am proud of Accor’s achievements and saluting
participated in major events such as the 2022 World them would not be complete without a tribute to
Cup with The Living Adventure, reopened the famous Accor co-founder Gérard Pélisson. His recent passing
Lido in Paris, strengthened our powerful loyalty program f illed us with great sadness - Gérard was a true
ALL and booking platform, and made exciting plans entrepreneur, reinventing hospitality and making
for the Olympic and Paralympic Games Paris 2024. a global impact that continues to live on and be a
Our augmented hospitality vision naturally extends source of inspiration.
to our owners and partners’ experiences, and we
Looking ahead, I am confident that, together, we can
continued investing in our fully holistic ecosystem
go even further in 2023 and build on these tailwinds
to deliver and support their needs.
and on the legacy of Accor’s founders. We are poised
The future of hospitality must also be responsible, to boldly move forward to further strengthen our
respectful and with sustainability at its heart. Accor is leadership as the most attractive and innovative
committed to building a hospitality model where we hospitality Group. We have the people, we have the
contribute more than we take. In 2022, we delivered brands, we have the ambition and the focus. Now is
great achievements in our sustainable journey, the time to do what we do best, seize the opportunity
including eliminating single-use plastic in the guest and build an even stronger future ahead.
We are more than 290,000 hospitality experts placing We offer the most diversif ied and best performing
people at the heart of what we do, creating emotion integrated hospitality ecosystem. We foster human
for our guests, and nurturing passion for service and connections, empowerment, and meaningful impact.
achievement beyond limits. Building on the strength We bring our unique expertise and solutions to drive
of our teams and of our holistic ecosystem of leading performance and value for our business partners. We
brands, personalized services, and expert solutions, are pioneering the hospitality of tomorrow, fostering
we break new ground to reimagine and shape hospitality innovation and creating new experiences.
and inspire new ways to experience the world.
12% 12%
IMEAT
27% 27%
Luxury
21 21%
Economy
%
North Europe
22% 22% %
34 34%
North Europe
110 40
South Europe Midscale
South Europe Midscale
COUNTRIES BRANDS
OUR NETWORK
5,400+HOTELS
OUR COMMITMENT
802,000 COMMITMENT
ROOMS
NET-ZERO
1,200+ SBTi BY 2050
84%
HOTELS IN THE PIPELINE
216,000
ROOMS IN THE PIPELINE
OF HOTELS HAVE
ELIMINATED SINGLE-USE
PLASTIC FROM
THE GUEST EXPERIENCE*
300+
TYPE OF JOBS
OUR FINANCIAL
PERFORMANCE
250+
PARTNER SCHOOLS €4,224
AND UNIVERSITIES m
REVENUE
10,000+
EBITDA
600+
RECURRING
FREE CASH-FLOW
SPAS
18,500+
MEETING ROOMS
* Excluding disposable water bottles.
Hotel network
breakdown
NORTH SOUTH
AMERICAS IMEAT ASIA-PACIFIC
EUROPE EUROPE
60% 59%
45% 14 %
27% 34%
44% 36% 7 %
18 %
83%
56 % 56% 61%
34% 65%
33% 43%
37 %
11% 1
%
1%
3 % 14% 2 %
14 41 18 43 100
105 165 181 98 253
€233M
NORTH EUROPE
€157M
€267M ASIA-PACIFIC
SOUTH EUROPE
€199M €195M
IMEAT
AMERICAS
HOTEL FEES
290,000+ €1,052
MILLION
EMPLOYEES
IN HOTEL FEES
For 50 years,
Accor reinvents hospitality
1960-1970 — Accor invents economy and midscale — Accor confirms its global leadership in the world of
hotels with the creation of France’s leading brands in this luxury with the acquisition of Fairmont, Raffles and
market: Novotel and Ibis. Accor acquires Mercure. Swissôtel, and a partnership with Banyan Tree.
— Accor steps up the pace of hyper-segmentation with
1980-1990 — Accor enters the luxury sector with the carefully selected brands such as Jo & Joe, Mama Shelter,
acquisition of the iconic Sofitel chain. 25hours Hotels, TRIBE, greet and Faena as well as names
— Accor enters the managed food segment with the synonymous with design including Hyde Hotels, Delano,
acquisition of Jacques Borel International. SLS Hotels and Orient Express.
— Accor becomes a trailblazer in well-being with the
creation of the Thalassa Spa brand.
— Accor creates Formule 1, a new hotel concept based on
2020 — Accor provides a high level of service to its
guests and partners with its new ALL–Accor Live Limitless
particularly innovative construction and management loyalty program.
techniques. — Accor accelerates its move into entertainment by
forging partnerships with event specialists such as: Paris
2000-2010 — Accor creates a brand to meet Society, Potel & Chabot, Accor Arena, PSG, IMG, etc.
the need for individuality with MGallery, a collection of — Accor strengthens its positioning in lifestyle hotels with
distinctive properties steeped in history. the acquisition of SBE and the creation of Ennismore.
— Accor meets the unique needs of businesses with — Accor supports new ways of working with its Wojo-
the creation of Pullman, a premium brand for business branded in-hotel coworking spaces.
travelers.
2021 — The new Ennismore entity becomes the leader 2022 — Accor unveils a wide range of spectacular
in lifestyle hotels and the player boasting the fastest new locations and announces the global launch of its All-
growth worldwide. Inclusive Collection.
— Accor presents Emblems Collection, its new luxury — ALL–Accor Live Limitless offers even more experiences
brand set to house 60 establishments across the world by to its members with a digital platform available in 100
2030. destinations.
— Accor stages the grand return of the Orient Express in — Accor continues to simplify its business model to
Italy with the Dolce Vita train. create greater value by announcing the evolution of its
— Accor strengthens its partnership strategy and the organization around two distinct business lines.
appeal of its loyalty program by launching its first
co‑branded payment card in France.
— Accor becomes an official partner of the Paris 2024
Olympic and Paralympic Games.
Having a
positive impact
2016-2021 — Accor rolls out Planet 21 – Acting Here,
a corporate social responsibility (CSR) strategy summed
1970 — Accor adopts its first Gender Equality at Work up in six commitments serving as an industry benchmark.
Charter, with the implementation of an action plan for In 2020, Accor developed a climate trajectory driven by the
women in the workplace. demands of science and compatible with the collective
ambition of keeping global warming below 1.5°C. The
1988 — Accor is recognized for its “best environmental Group has also restated its ambition to ban single-use
policy” based on its initial charter of 65 actions. plastic in guest experience and has set up the solidarity
program ALL Heartist Fund for employees most affected
1994 — Accor becomes the first CAC 40 company by the health crisis. In 2021, Accor names Brune Poirson
to create an Environment Department, recast as the Chief Sustainability Officer, on the Group Executive
Sustainable Development Department in 2000. Committee, commits to Net zero carbon by 2050, with
a first reduction of 46% in its emissions by 2030 and
2006-2010 — Accor creates Earth Check, the issue its first bond indexed to its sustainable development
hospitality industry’s premier sustainable development targets, for €700 million.
program.
2022 — Sustainability: a new strategic framework for
2008 — Accor sets up the Accor Solidarity endowment 2030. Accor has taken another step forward by placing
fund, tasked with fighting exclusion and empowering, sustainable development (Human and Nature) at the
training and protecting the most vulnerable people. heart of its business model. The new sustainable strategy
sets ambitious objectives for the Group by 2030, based on
2009 — Accor launches Plant for the Planet, a global
science (SBT) and covering the entire customer journey:
stay, eat and explore.
agroforestry initiative to promote greener agriculture.
ESG criteria play an important role in the variable
remuneration of Accor’s managers and executives (up to
2012 — Gender equality becomesa Group-wide
15% for key positions). The Group continues to spearhead
objective with the launch of its Gender Equality Network,
international events on climate change and biodiversity
RiiSE.
(G20, COPs) and to be a key player in the fight against
climate change (Sustainable Hospitality Alliance, Global
2015 — Accor seals a partnership with Energy Observer, Sustainable Tourism Council).
a revolutionary catamaran embodying its support for the
ecological transition.
+2%
2022 RevPar
change vs 2019
299
hotels and resorts
openings in 2022
The Group’s reactivity driving recovery to growth — Increased focus on our leisure offer — Today, our
To capture recovery and drive future growth, Accor hotels are designed to meet the needs for leisure travel,
is reinforcing its strategic focus on leisure travel, with 600 spas; more than 1,000 in-hotel gyms and health
with a global action plan to maximize the segment’s clubs, 800 pools and 300 golf courses - while family
momentum and reinforce its global leisure leadership. travel is facilitated through 300 kids clubs worldwide.
Long overdue getaways, quality time between families, To reinforce our leadership position, Accor is making its
wellness breaks, in 2022, leisure travel has led the resort offer key in leisure promotion. With 60 different
recovery. Celebrating the return to travel through country destinations and a choice of more than 25 brands,
our Unveil the world campaign in 2021 we acted with our 450 resorts provide the perfect solution to attract
agility to capture this recovery over the Covid period. the modern leisure traveler seeking those trips where
O u r G ro u p ’s ea rl y re s p o n s e i nvo l ve d a d a p t i n g everything they desire is at their fingertips.
targeted offers for local markets to draw guests back –
such as staycations, dining offers, wellness or golf
packages, social events and beyond. In 2022, Accor captures the leisure travel momentum
and the return of corporate travellers — After two
years of health crisis that disrupted the global balance,
2022 marks the end of the crisis for Accor and the return
of higher RevPAR than in 2019.
-7 %
-17 % -21 % -9 % -6 %
-25 %-17 % -7 % -18 %
-9 % -6 %
-25 %
-21 % -39 % -37 % -38 % -38 % -18 %
-43 %
-63 % -63 % -39 % -37 % -38 % -55 %-38 % -57 %
-48 %
-74 % -43 %
-82 % -48 %
-63 % -63 % -55 % -57 %
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1% -74
-82 Q2%Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Q1 Q2 Q3 Q4
2021 Q1 Q2 Q3 Q4
2022 Q1 Q2 Q3 Q4
2021 Q1 Q2 Q3 Q4
2022 Q1 Q2 Q3 Q4
2021 Q1 Q2 Q3 Q4
2022
2021 2022 2021 2022 2021 2022
+73 %
IMEAT +68 % Americas Group
Groupe
Group
+73 %
IMEAT +32 %+68 % Americas Group
Groupe
Group
+8 % +32 % +18 % +14 % +15 %
+5 %
+8 % +5 % +12 % +18 % +1 % +14 % +15 %
+5 % +12 % +1 %
+5 %
A constantly
reinforced commitment
Accor joins the leading sustainability organization Fondation des Femmes and Accor launch a platform
in the hotel industry GSTC (Global Sustainable Tourism dedicated to the “Emergency Shel ter” project
Council) — In 2022, Accor joined the Global Sustainable — The Fondation des femmes, a leading foundation
Tourism Council (GSTC), the leading sustainability in France for the protection of women’s rights and
organization in the hotel industry. Accor believes that combatting violence against women, and Accor
as a hotel company, it has a key role to play in transforming have announced the launch of a platform dedicated
the industry and defining industry transformation and the to “Emergency Shelter”. This initiative is aimed at providing
setting of ambitious standards for sustainable tourism. accommodation and safety within Accor hotels for
Through the partnership with GSTC, Accor will be able women and children who are victims of abuse. Financed
to work with all stakeholders to collectively shape by Accor, this platform helps ensure that emergency
a more sustainable hotel industry. In addition, Accor accommodation is provided quicker and more securely. It
is integrating the GSTC criteria into the heart of its addresses an essential need of the Fondation des Femmes
transformation process, by integrating them into the and the non-profit organizations it supports, including the
standards of 17 of the Group’s brands. Fédération Nationale Solidarité Femmes (French National
Federation for Women’s Solidarity). 4 in 10 female victims
of abuse who request accommodation sadly have
to be turned away, due to emergency schemes being
Amundi and Accor support oceans in collaboration
at full capacity. In addition, such schemes are not always
with Fondation de la Mer — Amundi, a responsible
best suited to accommodating women and children
investment leader, and Accor announce an increased
who have suffered so much. Via this platform, Accor
commitment to ocean preservation through the adoption
is committing to providing female victims of abuse with
of the Ocean Framework, designed by Fondation
a hotel room. The quality of the accommodation offered,
de la Mer to help companies and investors assess the
even for a brief period, is a key factor in the pathway
impact of business activities on ocean wildlife. Accor
out of violence and towards rebuilding their lives. Since
is the f irst large corporate to adopt the f ramework,
March 2022, 148 women and children have already
which Amundi helped design, as part of its dedicated
benefited from this ground-breaking program, which
ocean strategy and reporting policy. As a part of their
is being rolled out throughout France.
environmental commitments, Amundi and Accor began
a close collaboration with the Fondation de la Mer (Sea
Foundation), which has developed a framework to help
companies measure impacts and make positive changes
in line with the UN Sustainable Development Goal #14
‘Life below water’. This goal seeks to conserve the oceans
and seas, and use marine resources sustainably.
World’s most diverse hospitality group continues Accor debuts Novotel Mexico City World Trade
to accelerate growth across Greater China - surpassing Center — The Group celebrates the Novotel brand’s 20th
the 500 hotels milestone with a robust pipeline year anniversary since its arrival in Mexico with the opening
of new hotels opening in 2022 and beyond — of this new modern hotel featuring Novotel’s new global
Accor is advancing through 2022 with a continued design concept and as the second flagship for the brand
focus on expanding its presence across Greater China, in the region. Situated in a prime location in front of the
offering more hotels to travelers and loyalty members World Trade Center in Mexico City, one of the most important
than ever before, from acclaimed brands such as Raffles, business centers in the region, and nearby several of the
Fairmont, Sofitel, MGallery, Pullman, Grand Mercure, city’s main attractions, the energizing urban haven will
Novotel, Mercure, and ibis. Accor’s new project signings cater to business and leisure travelers.
in China reached an all-time high in 2022 – leading
to more than 590 hotels now in operation and an additional
285 under development. Accor is also on track to drive
even greater momentum and growth success this year.
Focus Lifestyle
In 2022,
Ennismore reaches
major milestone with
the opening of its 100th
property, the SO/ Paris,
cementing its position
as a leader in lifestyle
hospitality.
A significant milestone for Ennismore follows
a period of high growth alongside a strong global
pipeline focused on Europe, the Middle East,
North & Central America, and Asia. Ennismore
brands and properties form a unique connection
with local and international travellers through
relevant cultural programming and authentic
restaurant and bar destinations. Ennismore prides
itself in being a collective of entrepreneurial
and founder-built brands with creativity and
purpose at their heart, partnering with visionaries
and a pioneering entrepreneurial spirit.
A powerful loyalty
program for
unique experiences
ALL-Accor Live Limitless launches “ALL Mobilité” a new ALL-Accor Live Limitless sets out the next chapter
digital mobility service developed with Karhoo — Thanks with Paris Saint Germain — After three highly successful
to this mobility service, members of the loyalty program years as a major partner and off icial jersey sponsor
can now reserve their taxi or private hire vehicle of Paris Saint-Germain, Accor has decided to extend
on the ALL app or the website All.com. The mobility service its commitment with the French football giant, albeit
covers 490 European cities, as well as Dubai and New York, in a different capacity, for a further four years to promote
and addresses two main needs: its lifestyle loyalty program. In the new partnership,
ALL-Accor Live Limitless will now be visible on the
• Trips when traveling, to go to a station, airport or an Accor sleeve of PSG’s training jersey, while a major focus
hotel. This is a particularly useful service when abroad, of the collaboration will be on using Paris Saint-Germain
where guests are often unaware of how to reserve and assets to en-gage with and offer unique experiences
pay for taxis or chauffeur-driven vehicles. ALL-Accor Live Limitless members all over the World.
• Day-to-day travel, whether personal or professional, The partnership was initially created in 2019 to launch
to go to a meeting or a restaurant. ALL-Accor Live Limitless, the daily lifestyle companion
that brings together and enhances all the brands,
The service allows users to compare, in real time, services and partnerships operating within the Accor
available taxi and private hire vehicle offers and to make ecosystem. It has been a great success in providing
their choice according to rate, waiting time, vehicle current and future members with unforgettable
category (electric, traditional, etc.) and available extras. ex p e r i e n c e s w h i l e s u p p o r t i n g a n d p r o m o t i n g
The mobility service is the result of a strategic and awareness of what was a new brand. The sponsorship
technological partnership between ALL and Mobilize, has enabled ALL to be established as a global brand.
the Renault Group brand dedicated to new mobilities,
via its start-up Karhoo.
A new organisation
to better serve
the strategy
40
brands
+3.2%
2022 net
unit growth
5,400+
hotels in more
than 110 countries
An unrivaled portfolio
of hotel brands
Hotels Luxury
Accor has curated one of the most extraordinary luxury portfolios in the world.
Counting iconic names such as Raffles, Fairmont and Sofitel, the Group’s luxury
brands consistently surpass the expectations of guests, providing transformative
experiences and thoughtful, high-touch service.
Vivre Luxe
Luxe Premium
A myth for over 130 years, Orient A true pioneer of worldly elegance Rediscover the romance of travel as
Express remains the symbol of luxury and hospitality. An iconic brand you journey to iconic cities or far
travel and timeless refinement. where each Raffles hotel offers flung destinations where authentic,
The multicultural heritage of gracious warm and discreet service, memorable experiences await
the legendary train will soon be delivering emotional luxury to the providing a true appreciation of where
transported to a collection of Orient well travelled guests. Legendary you are in the world.
Express hotels, taking travelers on a service since 1887.
captivating journey to elsewhere.
Network
Network 3 hotels, or
Network 21 hotels, or 3,057 rooms in 388 rooms in
280 rooms in the pipeline. 15 countries and
2,611 rooms in the pipeline. Vivre 2 countries.
Vivre
Travailler Vibrer Travailler métiers
Accélérateur
Luxe
Travailler Vibrer
Premium
Ac
Milieu
de gamme
Distribution Expérience O
Distribu
Sofitel Bahrain Zallaq Thalassa sea and spa – Manama – Bahreïn.
.
At Fairmont, our passion is to connect Imagine modern luxury hotels where Some hotels are more than just mere
our guests to the very best of our the essence of each destination is hotels. They are genuine icons, the
destinations. From the beaches of artfully blended with French art de pride of a nation. Emblems have been
Hawaii to the deserts of the United vivre, creating chic experiences for created to bring together these jewels
Arab Emirates to the heart of London, modern voyageurs to indulge in and in one collection...
our hotels offer guests extraordinary celebrate life’s pleasures, the French Whatever the destination, a stay at
places, created by combining unique way. Emblems give the unique experience
architecture, expressive decor and of feeling like your part of an exclusive,
artistry, and magnificent features. Add Network select club.
engaging service, and the result is an 121 hotels, or
unforgettable guest experience. 31,336 rooms in Network
49 countries and 4 hotels in the pipeline in
Network 7, 800 rooms in the pipeline. 3 countries, 535 rooms and
Travailler
87 hotels, either
33,275 rooms in
31 countries and
Vibrer Accélérateur métie
60 establishments in the world
by 2030.
8,748 rooms in the pipeline
Distribution Expérience
Travailler Vibrer Accélérateur méti
ACCOR — 2022 Integrated report 25
Distribution Expérience
Vivre
THE ACCOR AUGMENTED HOSPITALITY ECOSYSTEM
Luxe Premium
Vivre
HotelsVivre
Upscale segment
Luxe Premium Milieu Éc
de gamme
Our upscale brands are known for their distinctiveness and unique character. From
Premium Milieu Économique
the storied portfolio of MGallery Hotel dCollection
e gamme Vivre
to the culinary brilliance of Mövenpick,
Pullman’s energy to Swissôtel’s vitality, each brand provides a custom-made guest
experience unlike any other.
Luxe Premium Milieu Économique
de gamme
Vivre
MGallery selects unique Mantis has uncovered Inspired by and dedicated Hotels and resorts in tune
properties with passion to hotels, eco-lodges and to Australian contemporary with today’s mobile world,
gather them into a unique cruises in some of the artists, Art series offers an blending peak performance
collection of hotels where most remote places on L u x e extraordinary boutique andPpersonal
remiu m
well-being. M
captivating stories are lived the planet, offering vibrant hotel experience. With A vibrant place where de
and shared. With more cityscapes, original artworks and global nomads can feel at
than 100 hotels around the vast African plains and just editions adorning the walls their very best, whether on
world, each MGallery tells about every other type of and halls, the multifaceted business or leisure.
a unique story inspired by destination in between. art-inspired experience is
the location. From bespoke
design and sensorial
mixology to well-being
Each has its own unique
spirit, but all are bound Travailler
complete with dedicated
art channels, art libraries,
art tours and art utensils on
Vibrer
Network
153 hotels, or
Acc
by a common obsession, 45,020 rooms in
dedicated to everyday that of being extraordinary, supply. 43 countries and
self-care, MGallery hotels preserving the environment 13,616 rooms in the pipeline.
are places where guests and protecting all that is Network
can enjoy a lavish travel
experience.
Travailler
rare. Vibrer
7 hotels, or
1,834 rooms in Australia.
Accélérateur métiers
Distribu
Network
Network 17 hotels, or
120 hotels, or 542 rooms in Distribution Expérience O
13,208 rooms in 9 countries and
38 countries and 318 rooms in the pipeline.
5,826 rooms in the pipeline.
Swissôtel’s claim reinforces our believe that time and travel are
true gifts in life and that we should use our time — wherever
we are in the world — well and wisely. It also reminds us to
ensure our guests spend quality time — our Swiss hospitality,
synonymous with quality, efficiency and care, takes care of
everything so time can be easily spent doing the things they
Travailler love.
Vibrer Accélérateu
Network
34 hotels, or
13,806 rooms in
20 countries and Distribution Exp
8,215 rooms in the pipeline.
XX %
NEM IL IUSDAE EOS ET
QUAESCI DOLORIBUS
SOLOR RENITAS SUNT.
Vivre Vivre
We believe true hospitality At Grand Mercure, world- Peppers creates The Sebel is a collection
is about turning small class standards are irresistible hotels for select of sophisticated, elegant
gestures into heartwarming entwined with a uniquely experiences in some of and spacious apartments
moments. We enable our local spirit. We set out the most spectacular with customized service,
guests to savour the flavour to harness the mind, spots in Australia, New offering guests the chance
of life, balancing small heart and soul of our Zealand and Indonesia. to really get to know the
indulgences with what’s locations, brought to life Peppers is synonymous destination.
good for them – and good through a blend of rituals, with refinement, infinite
for the world. customs, culture and attention to detail and Network
Network
Travailler
sensations. We invite you
to experience deeper, Vibrer
personalized service.
Accélérateur mét
34 hotels, or
2,509 rooms in
119 hotels, or discover the unexpected Network 3 countries and
27,569 rooms in and gain a fresh perspective 26 hotels, or 462 rooms in the pipeline.
on your world.
Travailler
35 countries and
12,353 rooms in the pipeline. Vibrer
Network
AccélérateurD imétiers
4,622 rooms in
3 countries and
467 rooms in the pipeline.
stribution Expérienc
59 hotels, or
13,799 rooms in
12 countries and
9,030 rooms in the pipeline. Distribution Expérience Opérations
Accélérateur métiers
ACCOR — 2022 Integrated report 27
Distribution Expérience Opérations
THE ACCOR AUGMENTED HOSPITALITY ECOSYSTEM
Vivre
Vivre
P r eKooddoo
Mercure m i u mResort – Maldives. Milieu Économique
de gamme
Milieu Économique
de gamme
Offering premium At Novotel, we believe Every Mercure is a portal Whether it’s a short break
accommodation with that quality time is about to a destination. Our or a stay of several months,
a warm welcome in bustling making everyday moments teams are genuinely Aparthotel Adagio offers
cities and favorite holiday matter. Everything has knowledgeable about you a friendly, tailor-made
destinations. Whether been thought to enhance the city and every detail experience in the heart of
you’re travelling for our guests’ life balance, of the decor tells a story the world’s largest cities.
business or relaxing sense of well-being but about the location and Our concept? The freedom
with family, you will feel also enjoyment. Whether its cultural heritage. to stay in an apartment
right at home with Mantra. through our intuitive While every Mercure hotel that feels like a home away
With hotels, resorts and & modern design or our is unique, all share the from home, with some
self-contained apartments large range of rewarding same passion for high extra services.
on the coast and in the city, experiences, everyone can quality services. From the As the European leader in
you will always find the disconnect from a busy life moment our guests step serviced apartments with
perfect space in the ideal or make time to connect inside a Mercure – be it city-center establishments,
place. Across Australia, with their family, friends in Paris, Rio or Bangkok – the brand has three ranges:
New Zealand and Indonesia, or colleagues. This they are immersed in their Adagio, the modern and
whether you want less combination makes destination. Mercure, warm apartments suitable
hassle on business trips Novotel the perfect spot locally inspired hotels. for families; Adagio access,
or more good times on for travellers and locals the friendly and affordable
holiday, Mantra makes to have a drink, a bite to eat, Network range; and Adagio premium,
room for you. to work, play or just relax. 943 hotels, or the upscale residences.
125,341 rooms in
Network Network 62 countries and Network
75 hotels, or 564 hotels, or 33,459 rooms in the pipeline. 127 hotels, or
ravailler
brer
14,643 rooms in
3 countries and Vibrer métiers
Accélérateur
635 rooms in the pipeline.
109,382 rooms in
65 countries and
32,443 rooms in the pipeline.
Accélérateur métiers
14,355 rooms in
16 countries and
3,762 rooms in the pipeline.
Accélérateur métiers
THE ACCOR AUGMENTED HOSPITALITY ECOSYSTEM
Vivre
vre Hotels Economy segment
Premium Milieu Économique
de gamme
Our economy brands provide spirited, easy-going, and fun travel experiences with great
mium value guaranteed.
M i l i e u The hotels
É c o n oare
m i qas
u epopular with traveling guests as they are with
d etog a
locals, due mme
their strong brand markers, welcoming styles, and strong ties to local
Milieu communities.
Économique
gamme
Spacious self-contained Hello to those who say Hello to those who greet hotels welcome
apartment and hotel-style hello rather than goodbye, give curiosity a taste, those who look for
accommodation, combining those who keep an open meaning in their
vre value with the best beaches,
city highlights and holiday
mind and trust what their
eyes might find,
Those who prefer
open spaces and
a world embraced,
purchase, relationships
and way of living. Everyday,
attractions. Families, Hello to those who love Those who are never they contribute to make
groups, couples, from an unexpected encounter, hostile... to style. our world a better place,
Australia or anywhere Those who see nothing Hello to the makers, by giving a second chance
mium Milieu
in the world, recognise É cin
strange on o mai stranger.
being que the thinkers, hello to everything around them.
the style and promise Hello to you, to her, to the dreamers. Be greet!
d e
of a BreakFree offer.
gamme
to him who love when Hello to the beauty
For them, their stay life and fun just happen hunters who see Network
is all about the experience And always keep their heart the wonder of design 24 hotels, or
lieu É clocation
of the onom i qthe
and ue and their eyes wide open. as one of a kind 1,693 rooms in
gamme comfortable, unpretentious And always keep 2 countries and
accommodation and an open mind. 1,496 rooms in the pipeline.
Network
relaxed service they enjoy.
1,269 hotels, or
159,180 rooms in Network
Network 70 countries and 642 hotels, or
21 hotels, or 17,474 rooms in the pipeline. 69,029 rooms in
2,826 rooms in 51 countries and
2 countries. 18,875 rooms in the pipeline.
Vibrer Accélérateur métiers
Accélérateur Dmétiers
istribution Expérience Opérations
ur métiers
Distribution Expérience Opérations
p é r i e n c e Hello to
Othe
p égo-getters,
rations A French motel positioning,
early-risers, the riders with innovative, low-cost
and the party lovers. brand DNA. hotelF1 is the
Hello to the movers smart accommodation
and shakers, to the choice for enjoying even
real deal finders. more experiences en route
Hello to the young to your holiday destination!
and the young at heart,
the daring, the street smart. Network
Who can make anywhere 141 hotels, or
their home, while embracing 10,977 rooms in France and
the unknown. 62 rooms in the pipeline.
Accélérateur métiers
Hello to those who find
adventure in the everyday
And when the night comes,
a sweet dream of their stay.
érience Opérations
When Hyde Lounge We are redefining hostels, Mama Shelter started in Always at the heart of the
opened in 2005, it by combining the fun 2008 in Paris as a concept most exciting cultural
transformed the Sunset of a hostel and the developed by Serge Trigano scenes in the world,
Strip in Los Angeles, comfort of a hotel. A new and his two sons, Jérémie Mondrian serves up
along with the concept of hybrid accommodation and Benjamin. Mama innovation and creativity
nightlife itself. Since then, destination at affordable Shelter is a place to live life with it progressive forward
the brand has expanded price, we celebrate to the full: it’s affordable, thinking approach that
to include Hyde Hotels and togetherness, sharing irreverent, popular, sassy, plays with perspective and
Residences, Beach Clubs, and having fun. Open and sexy. A haven that makes you dream, meaning
and Mixology Lounges, to travellers and locals, Mama has created for her both guests and locals alike
inviting its followers to JO&JOE supports the guests. Much like a mother can immerse themselves
be the first to know, and creative expression of street who cares for her children, in the culture of each city it
introducing them to art and the boardsports Mama looks after travellers inhabits.
the latest and greatest community. Whether you as if they were her own.
in nightlife adventures. are coming in from around Network
Every guest at Hyde Hotels the corner or arriving from Network 8 hotels, or
is treated like a Hyde the other side of the world,
Vivre
PMorgans
r e mOriginals
i u mis rooted in iconic
cultural legacy, with a collection of
Milieu
SLS is crafted with the luxury and
excellence of a grand hotel, and
É SO/
c ois ancoveted
o mcollection
i q u eof hotels,
rooted in the world of fashion. Making
independent hotels all sharing the same
free spirit. Each hotel, one of a kind, is
de gamme
delivered with a mischievous wink and
a sexy little smile. It’s the home of lavish
its stylish debut on the global hotel
scene in 2011, SO/ continues to
brought together by a shared culture and extraordinary experiences coupled command attention with its avant-
and community. No matter how big with a playful ambiance. Culinary garde design and creative approach to
or small, a Morgans Original is always artistry, theatrical interiors, subversive the world of luxury.
entertaining, celebrates a love for the design touches and unexpected
glossy hey days, and the magic of a indulgences are at the heart of every Network
Friday night where time disappears. SLS property. 9 hotels, or
Morgans Original is a stamp of approval 1,276 rooms in
giving guests a guarantee and an Network 8 countries and
invitation to join and access something
unique.
10 hotels, or
2,487 rooms in
2,354 rooms in the pipeline. Viv
4 countries and
Network 956 rooms in the pipeline.
5 hotels, or
958 rooms in Luxe Prem
4 countries and
665 rooms in the pipeline.
Accélérateur métiers
Distribution Expérience Opérations
ACCOR — 2022 Integrated report 31
THE ACCOR AUGMENTED HOSPITALITY ECOSYSTEM
t o c o m p a n i e s . We a l s o o f f e r a w i d e v a r i e t y
of solutions to host meetings and events in our WOJO
properties around the world. Further rein-forced Wojo is one of the European leaders in flexible
by the health crisis, remote working & new ways offices and workspaces. The brand offers spaces
with a wide range of services available to remote
of meeting are here to stay. And Accor is well equipped workers and companies alike.
to welcome professionals with workspace solutions and +600 Wojo locations within the Accor network.
services -coworking, office spaces, meeting solutions 18 sites.
-for individual workers as well as for companies, both
close to home and during travels.
DISTRIBUTION BUSINESS
ACCELERATORS
WELLNESS
Wellness is not a passing trend, but has become a daily
EXCEPTIONAL HOTELS. EXCLUSIVE OFFERS.
lifestyle objective and growing expectation of our clients. VeryChic is a members only travel agency, with exclusive
offers up to 70% off.
Accor brings a holistic vision and expertise to foster
guests’ physical and emotional health & well-being, 10 million members
embedding wellness across the guest journey: from
spa & f itness, to nutrition and sleep, to design and
surrounding environment. OPERATIONS & EXPERIENCES
600+ spas
BUSINESS ACCELERATORS
1,000 hotels with fitness facilities
10 Thalassa Wellness Resorts
YOUR PROCUREMENT PARTNER
RESOURCES STRATEGY
HUMAN CAPITAL
• 290,500 employees
• More than 300 professions
• Accor Academy
8 regional training campuses
NATURAL CAPITAL
COMMERCIAL CAPITAL
FINANCIAL CAPITAL
Megatrends
VALUE CREATION
FOR EMPLOYEES
FINANCIAL PERFORMANCE
39%
of women
in management
committees
84%
of hotels removed
single-use plastic
in guest experience
Accor, an increasingly
committed group
Accor’s success relies on our Heartists® to deliver the best service, welcome and care
for our guests. Their passion, creativity, individual personalities and differences are
what make the Group truly unique and that’s why we always place people at the
heart of everything we do. And we are convinced that sustainability builds value for all
stakeholders: Heartists®, owners, partners, guests and communities. We are engaging
a global transformation of all our operations, building a model where we contribute
back more than we take, and embedding planetary boundaries across all our activities.
Inclusion of people
with disabilities
Member of the Valuable 500.
Welcoming the
LGBTQ+ community
Global partnership with IGLTA.
15
years
of solidarity
projects
supported SPREADING HOSPITALITY
OF THE HEART
Accor Heartist Solidarity’s mission is to fight economic and
social exclusion of vulnerable people through social and
+2,100
professional integration. We support projects developed by
local associations & NGOs and carried out by Heartists® working
near the project site. At the request of our teams, the fund can
direct beneficiaries also be mobilized to help populations hit by a humanitarian
in 2022 disaster by supporting post-emergency reconstruction projects.
Elimination of all
Commitment to net-zero Fight against
single-use plastic items
SBTi by 2050 food waste
in guest experience
5
principles in
compensation policy
1
Group Risk
Committee
A reliable governance
to support the strategy
AUDIT, COMPLIANCE
& RISKS COMMITTEE
Asma Abdulrahman Al-Khulaif i Hélène Auriol Potier
End of term – 2025 AGM End of term – 2025 AGM
COMMITMENTS
COMMITTEE
Ugo Arzani Sébastien Bazin
End of term – 2025 AGM End of term – 2023 AGM
APPOINTMENTS,
COMPENSATION
AND CSR COMMITTEE
Iliane Dumas Qionger Jiang
End of term – 02/05/2023 End of term – 2025 AGM
INTERNATIONAL
STRATEGY COMMITTEE
Not-independent
Nicolas Sarkozy Christine Serre
End of term – 2025 AGM End of term – 27/01/2024
Directors chairing
a Committee
Director representing
Isabelle Simon Sarmad Zok employees
End of term – 2025 AGM End of term – 2025 AGM
Vice-Chair and Senior
Independent Director
4
• Monitoring of work done by the ALL Heartist Fund AUDIT, COMPLIANCE AND RISKS
• Monitoring the Group’s positioning in Ukraine meetings
• Approval for entering into exclusive negotiations • Interim and full-year accounts
for the sale of the company holding the • Group financial results
headquarters building Sequana • Review of the Statutory Auditors’ fees
• Monitoring of the Special Purpose Acquisition • Monitoring of the works of the ALL Heartist Fund
Company of which Accor is the sponsor • Review of the cybersecurity and personal data
• Entering into a new partnership agreement with protection measures in place
Paris Saint Germain Football • Monitoring of the Group’s compliance program
• Internal reorganisation of the Group’s into two
divisions « Economy, Midscale & Premium » and
« Luxury & Lifestyle »
• Review of the composition of the Board and its
5
APPOINTMENTS, COMPENSATION & CSR
meetings
• Review of compensation
Committees and proposal to renew the term
• Review of the succession process
of office of the Chairman and CEO
• Review of the independence of directors
• 2021 parent company and consolidated financial
• Review of the gender diversity policy
statements and 2022 interim financial statements
and monitoring of the action plan
• Review of the independence of directors and
• Review of CSR strategy and initiatives
consideration of potential conflicts of interest
• Internal assessment procedure regarding
• Notice of the Annual Shareholders’ Meeting
the operations of the Board
• Review of the renewals of mandates, including
11
the functions of of the Chairman and CEO
4
meetings COMMITMENTS
in 2022 meetings
• Review and monitoring of various acquisition and
90 %
attendance
disposal projects
1
rate INTERNATIONAL STRATEGY
meeting
• Review of current international issues in particular
the situation of the hotels of the Group in Ukraine
in the context of the conflict with Russia and their
impact on the Group’s activities
All information relating to the Company’s governance is provided in the corporate governance report in section 4 of the
2022 Universal Registration Document.
The Executive Committee, chaired by the Chairman and CEO Mister Sébastien Bazin, ensures consistency and alignment
between the two divisions, both in terms of strategic priorities and performance drivers. The Executive Committee also
includes a Global Shared Platform, which provides expertise and services to both divisions, including digital, technology and
procurement
Compensation
of employees and the
Chief Executive Officer
••
ANNUAL FIXED account: €950,000
COMPENSATION Experience; Unchanged since January 1, 2016 (1).
•
Responsibilities;
Market practices.
Quantitative objectives:
•
(80% of annual variable compensation)
nancial: actual versus budgeted consolidated EBITDA for 2023,
fi
actual versus budgeted free cash flow (excluding disposals and
•
acquisitions) after change in operating working capital for 2023;
Each qualitative objective may trigger
ANNUAL non-financial: organic growth in number of rooms (net of transfers the payment of between 0% and 160%
VARIABLE to another brand) versus 2023 budget, Percentage of managed of the share of variable compensation
and franchised hotels that have removed single-use plastic in the it represents.
COMPENSATION
guest experience, including disposable water bottles, Percentage
of managed and franchised hotels measuring carbon emissions
through a carbon measurement tool, Percentage of 300 managed
and franchised hotels that have defined their food waste baseline,
Percentage of women on Management Committees worldwide.
•
(20% of annual variable compensation) of between 0% and 120% of the share
implementation of the new TURBO organization and talent development. of variable compensation it represents.
LONG-TERM Performance share subject to the achievement of performance The grants represent a maximum of 280%
conditions set by the Board of Directors and to continued presence of annual fixed compensation, determined
COMPONENTS in the Group. by the Board of Directors.
1 In view of the health crisis and the short-time working measures used in f iscal 2020, the Board of Directors had agreed to the proposal
by the Chairman and Chief Executive Officer to reduce his fixed compensation by 25% from April 1 to December 31, 2020.
A structured approach
to comprehensive
risk management
Approach
The Group’s risk management approach aims to :
• Identify, assess and reduce risks that could prevent the Group from delivering its targets and implementing its strategy,
even partially;
• Identify, assess and reduce risks generated by the Group’s business with social or environmental consequences and with an
indirect impact on the Group’s reputation;
• Protect the Group’s employees, data and brands as well as its customer and partner portfolios while implementing the
strategy.
The approach is based on risk maps, specific to one or several risks (see section 2.2.1 “Risk management”), carried out on the
basis of a shared methodology that can nevertheless be adapted to the specific nature of each risk category. Operational
and functional units design, implement and run prevention and protection programs in response to risks identified. Risk
governance operates on an extended consultation and decision-making model through a Group Risk Committee which
meets quarterly and reports to the Executive Committee.
Material risks
The material risks resulting from the map of the Group’s major risks are presented below in descending order of importance.
The description of these risks and the associated mitigation measures are described in section 2.2.2.
• Climate risk
• Malicious harm to the integrity of digital personal data
• Talent attraction and retention risk
• Deterioration of the economic, geopolitical or health environment
• Unavailability of digital operating data
• Non-compliance with standards, laws and regulations
Photo credits: Abaca Press/Boris Zuliani; Abaca Press/Raphaël Olivier; Agus Darmika; Ahmet Gül; Alessio Mei;
Brady Campbell; Bruno Levy; Christopher Wadsworth; David Berridge; Derryck Menere; Dhani Borges; Duwi
Mertiana; Earl Carter; Elliott Smart; Felix Hug; Gaëlle Le Boulicaut; Gerry O'Leary; Grégoire Korganow; Hakan
Yezil; Hester Chew; Hubert Kang; James South; Kate Kunz; Lens Films; Manoo Manookulkit; Marco Chow; Mark
Farwell; Mehdi Triqui; Misc; Natelee Cocks; Nicole Reed; Rachel Olson; Rafaela Proell; Santiago Vergara Lopez;
Steve Herud; Tamer Harteviouglu; Thomas Dubois; Tracy Naughton; Virginie Gosselin; William Kerdoncuff;
You Sun Moon.
Pullman Maldives Maamutaa – Maldives.
ACCOR, Société Anonyme. Share capital: €789,095,382
Headquarters: 82, rue Henri-Farman – 92130 Issy-les-Moulineaux, France
Registered in Nanterre under number 602 036 444
group.accor.com