Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Net profit, Group share was accordingly 85 million, compared with a loss of (1,988) million in 2020. . Letter from the CEO. 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). PDF version of our 2019 Sustainability Report prepared in accordance with GRI framework. By activity, this growth breaks down into a 36% increase for HotelServices and 29% for Hotel Assets & Other. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram. - Banning the use of overfished species in our restaurants, - Offer free range or cage-free eggs (shell and liquid)*. . During 2021, Accor organically opened 288 hotels, representing 41,000 rooms, resulting in a net growth in the network of 3% over the 12-month period. Today, PACCOR has published its GRI compliant Sustainability Report for the 2020 financial year and overachieved most of its 2020 sustainability targets. Success of the maiden Sustainability-Linked Bond and the Liability Management transaction. Premium, Midscale, Economy. In 2022, we will continue to unfold our vision of ever-more experience-driven and sustainable tourism, facilitated by digital technologies. After a positive EBITDA impact of 20 million in 2020, the incremental impact was 110 million for FY 2021. The assessment included seeking internal and external stakeholder feedback. reduction in plastic packaging. Share your thoughts with Twitter #ActingHere, More information on the digital press kit. Sustainability Accor Reinforces Commitment to Lower Carbon Emissions and Greater Energy Sufficiency. PO Box: 500300, Dubai, UAE, Barsha Heights, Dubai. 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. Included in the Integrated Report (Section 5 - p. 88) download. Performance & security by Cloudflare. Operational waste. During the second half of 2021, the Group returned to a positive cash generation situation. We also endeavour to incorporate stakeholder focus areas. After completion of this transaction, the Group retains a 3.3% residual interest in the share capital. Dec 2016 - Jan 20181 year 2 months. 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. Accor took one bold commitment in 2019/20: eliminate ALL guest-related single-use plastic items in its hotels by end 2022 across 110 countries . The Report can be accessed here. 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. View File. Singapore, 15 April 2021 - City Developments Limited (CDL) has published its Integrated Sustainability Report (ISR) 2021, its fourteenth sustainability report since 2008. At the end of 2021, 25% of leadership positions are filled by women. It follows the GRI methodology and use selected Standards with a GRI . SUSTAINABILITY AND CSR REPORT 2019. New Businesses, included in this segment since early 2021, were close to break even at the EBITDA level. This result contributes to creating a great place to work. *This commitment should be reached in the year 2020 in areas where the supply chains are developed (in-shell eggs in Europe, for example) and by 2025 on the markets where the supply chains are still in development. Organic waste diversion program in place. Consolidated RevPAR was down (46)% overall in 2021 versus FY 2019. Content in this section includes excerpts from the Accsys Annual Report 2022 and Sustainability Report 2020. AccorHotels, the worlds leading hotel operator, today presents the results of Planet 21, its sustainable development program, and renews its commitments looking to 2020. All regions are now generating positive EBITDA. PDF document. The covenant was not tested on the two test dates of June 30 and December 31, 2021. 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. In 2020, the COVID-19 pandemic changed the world and people's lives in ways we could never have imagined. Press releases. It also offers digital solutions that maximize distribution, optimize hotel operations and enhance the customer experience. Accor is a world leading hospitality Group consisting of more than 5,100 properties and 10,000 food and beverage venues throughout 110 countries. . This website is using a security service to protect itself from online attacks. Currency effects had a negative impact of (13) million, mainly due to the US dollar(-4%). The coupon of this 700 million bond is indexed on the Accors carbon emission reduction goals. . Environment & CSR. The Group strives to act for "positive hospitality" and has set ambitious objectives, structured around four strategic pillars: working with our teams, involving our clients . A team leader who gets the best out of his staff. 62.141.45.132 The Group targets to re-install an ordinary dividend payment calculated on the basis of 50% of the recurring free cash flow, in line with its historical dividend policy. Regarding the approval process for the Groups financial statements, the statutory auditors have, to date, substantially completed their audit procedures. Coupa provides a unified, cloud-based spend management platform that connects hundreds of . The third annual Atos Integrated Report provides a comprehensive review of our financial and non-financial performance in 2020. The MGM Resorts International's (NYSE: MGM) 2020 Social Impact and Sustainability Report is now available. This segment was mainly driven by Asia-Pacific where business recovered during the first half and at the end of 2021. 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. "This year's report documents important milestones marking 10 years on our sustainability journey, in which we've achieved scale in our signature ingredient sourcing programs Cocoa Life and Harmony Wheat. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. At the end of December 2021, the Group had a hotel portfolio of 777,714 rooms (5,298 hotels) and a pipeline of 214,000 rooms (1,218 hotels). Develops talent from within and a strong disciplinarian who leads by example. For many years, all of Accor brands have been committed to the fight against the sexual exploitation of children. 2021 Integrated report. 193.32.208.109 47 million, largely due to the full consolidation of sbe since Q4 2020. PDF 10.87MB; ESG Databook. Anne-France MalrieuImage 7Phone: +33 1 53 70 74 66afmalrieu@image7.fr, Carina Alfonso MartinDirectrice des Relations Media mondePhone: +33 1 45 38 84 84carina.alfonsomartin@accor.com, Delphine DumonceauRelations pressePhone: +33 1 45 38 84 95delphine.dumonceau@accor.com, Marie-Camille AubagnacRelations pressePhone: +33 1 45 38 19 16marie-camille.aubagnac@accor.com, Sbastien ValentinSVP Financial Communications and Investor RelationsPhone: 33 (0)1 45 38 86 25sebastien.valentin@accor.com, Marie NielInvestor RelationsPhone: +33 (0)1 45 38 86 94marie.niel@accor.com. It reinforces some of the Groups fundamental commitments, such as curbing its environmental footprint, and identifies new objectives which dovetail with both the changes to the business model and its strategic priorities, such as Food & Beverage and the sustainable management of its property portfolio through HotelInvest. 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). Delivers result and achieves, exceed company goals and targets on a regular and consis<br><br>Specialties: Food and Beverage Operations, Supplier Negotiations, Purchasing . Thanks to their mobilization, we emerge stronger from this crisis and have gained market shares in all our key regions. and its hotels to measure and improve its sustainability performance long-term with specific goals. EBITDA sensitivity per point of RevPAR amounted to (16.4) million for each one-point decline in RevPAR compared with 2019 versus (18.7) million in FY 2020. Guest Service Agent - Club Sofitel Lounge. 12/16/2021 1 min. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. With the remit of defining, managing and coordinating the commitments, strategy and roll-out of Group action plans in terms of sustainable development, Brune Poirson joined Accor and its Executive Committee as Sustainable Development Director. With Omicron variant outbreak, January marked a pause in the monthly RevPAR improvement seen since April, but February is already a turning point. This number reflects an improvement compared with more than 70 million targeted initially, thanks to the implementation of the staff redundancy plan and tight control of consultant costs. In five years, water consumption has been cut by nearly 9%, energy consumption by 5.3% and carbon emissions by 6.2%. Your IP: This focus on sustainability is directly aligned with our promise of Together, improving life, and our long-established values, culture and commitment to Associates, customers and communities. This website is using a security service to protect itself from online attacks.
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