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. ITC's Sustainability Reports Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive The IHG Academy is a collaboration where we link up with education providers and community groups around the world by providing local people with the opportunity to develop skills and improve their employment prospects in one of the world's largest leading hotel companies. Cloudflare Ray ID: 7a2f181ebecd86c6 Performance & security by Cloudflare. 16.3 mb. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. 2017 Report. THE FIGHT AGAINST THE SEXUAL EXPLOITATION OF CHILDREN. ESG challenges - i.e., Environmental, Social and Governance (ESG . - Lacey Pfalz, Associate Writer, TravelPulse. Moreover, our pipeline continues to flourish, with Luxury & Upscale segment representing close to 40% of future openings, a 12-point increase in the past 4 years. Besides, Accor will continue working on restoring its pre-Covid credit profile and could contemplate an additional return beyond its ordinary dividend subject to the respect of this objective. The Group has been acquiring hospitality expertise for more than 50 years, resulting in an unrivaled portfolio of brands, from luxury to economy, supported by one of the most attractive loyalty programs in the world. The action you just performed triggered the security solution. 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. Accor, a hospitality group with more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries, today joins the Sustainable . Cloudflare Ray ID: 7a2f1863d83a23d4 Accor's 4,100 hotels are present in 90 countries, offering nearly 500,000 rooms. 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. 12/16/2021 1 min. Each solution measures operational impact, costs and environmental performance . Letter from the CEO. . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Changes in the scope of consolidation (acquisitions and disposals) contributed a positive Planet 21 [2016-2020] is structured into four areas of action enlisting its employees, customers, partners and local communities, and two priorities, namely food & beverage and buildings. Rebilling of hotel costs (with a revenue at 555 million in 2021) structurally remain at breakeven at the EBITDA level. All regions are now generating positive EBITDA. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. 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. Head of Communications, Sustainable Hospitality Alliance, Balthazar Hotel and Spa - MGallery Hotel Collection, Rennes, France. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. Live stock. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Environment & CSR - Accor 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. Click to reveal The Group is also partnering with the Fashion for Good - Plug and Play Accelerator for start . February 23rd, 2023 at 8:30am (Paris Time) 02/23/2023 Hotel portfolio as of December 31, 2022 Increase in Public Direct and Indirect mix of hotel for consecutive 2 Years. The report solidifies the company's commitment to creating a sustainable future and making a difference in the lives of employees, guests and the communities in which it operates. No 1 in Accor India - Forecast accuracy (Topline- Rooms and Total Revenue) and Bottom Line (GOP) No 3 and No1 in . and its hotels to measure and improve its sustainability performance long-term with specific goals. The assessment included seeking internal and external stakeholder feedback. You can email the site owner to let them know you were blocked. Green Hotel Dubai | Sustainable Practices | Four Seasons Resort CDL Integrated Sustainability Report 2021 spotlights an adaptable and You can email the site owner to let them know you were blocked. As part of a policy of progress and transparency, the Group asked its customers for their views on these issues, updated its environmental footprint and assessed its socio-economic footprint for the first time to assess the challenges it faces and construct its new 5-year program. This plan was the Groups way of encouraging the hospitality business to do The EBITDA margin came to 1.0% in FY 2021 versus (24.1)% in 2020. WHY IT RATES: Accor joins the 14 biggest global hotel corporations to help address the travel industry's greatest sustainability challenges. CAC 40. Accor Joins the Sustainable Hospitality Alliance | TravelPulse Full-Year 2022 Results : Solid and sustainable rebound in activity in 2022 02/23/2023. 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). Cloudflare Ray ID: 7a2f18038eaaef6f Mar 2021 - Apr 20221 year 2 months. This segment, which is closely linked to business in Australia, notably benefited from a recovery in leisure tourism demand during the first half of the year and at the end of FY 2021 on the North-East coast of the country where most of the Groups Strata activities are located (i.e. Plant wall, fight against food waste, etc. The Executive Summary has been crafted to provide its reader a quick overview of ITC's Sustainability journey in FY2022, serving as a concise yet comprehensive companion to the detailed Sustainability and . Tel: 00 971 4 381 8888. 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. 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. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. 2015 and used them to shape our vision for 2016 -2020 with our aim to drive the change towards positive hospitality wherever we are. 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. Expedia Group Ben van Beurden, CEO. The Management & Franchise division of HotelServices reported EBITDA of 275 million, significantly higher than in 2020 (25 million) and down (64)% like-for-like compared with FY 2019. Revenue in the Management & Franchise (M&F) stood at 518 million, up 74% like-for-like versus FY 2020 (down (51)% like-for-like versus FY 2019), with regional performances correlated to health crisis developments in the countries considered. 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. Three points should be noted: During FY 2021, Group recurring free cash flow improved significantly, from (727) million in FY 2020 to (246) million in FY 2021. Read full report. For further information, visit www.sustainablehospitalityalliance.org. On February 18, 2021, Accor sold a part of its share in Huazhu Group Ltd, representing 1.5% of share capital of the company for 239 million. Consensus ESG Ratings info for Accor | Company Ratings of suppliers regard H&M Group as a fair business partner. 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. On October 1, 2021, following the all-share merger, Accor became the majority shareholder in the new entity created with Ennismore, positioned in the Lifestyle hotel segment. As of end-December 2021, this segment, which includes owned and leased hotels, represented 117 hotels and 23,309 rooms. The Sustainable Hospitality Alliance brings together engaged hospitality companies and uses the collective power of the industry to deliver impact locally and on a global scale. Themed "Advancing Change Resilience", the digital report communicates CDL's progress towards its material Environmental, Social and Governance (ESG) goals and targets . Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Investor feedback suggests a yield in a mid-to-high 2% . At Accor, we ask our customers to reuse their towels. Hilton - TRAVEL WITH PURPOSE Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. Two key issues to tackle will be food and buildings. Water-efficient landscaping.
Gilbert Artemus (Artie) Darrell