Accor

Hotels & hospitality · AC.PA

The Japan read

From the company's own filing for H1 2026 (Jan–Jun) · reported 2026-07-30 · the filing

JapanAccor names Japan, with Vietnam and Indonesia, for strong performance in Southeast Asia, which has driven its Middle East, Africa & Asia-Pacific region since the Middle East conflict began; it gives no Japan figure.

Other callouts in the filing

SegmentFirst-half RevPAR rose 2.2% (4.6% excluding the Middle East). In the second quarter luxury RevPAR rose 2.5% (9.1% excluding the Middle East) while lifestyle fell 11.3%, hit by its UAE resorts.
One-offNet profit halved to €114m on €113m of non-recurring costs, including a €44m valuation adjustment linked to selling its Essendi stake and €37m of restructuring; adjusted net profit was €231m, against €240m.
SegmentIt opened 109 hotels (nearly 14,000 rooms) in the half; its portfolio reached 881,928 rooms and its pipeline more than 268,000.
OutlookIt expects 2026 recurring EBITDA of €1,260–1,285m.

floortok's reading of the filing, in our own words. Figures are the company's own; where a growth rate is our arithmetic, it says so.

Show figures in

in EUR, as reported

H1 2026 (Jan–Jun) · Year-to-Date

Reported 2026-07-30

Revenue¥509.1bn+0.6%

Operating profit¥54.2bn−26.3%

Net income¥21.0bn−51.1%

Converted from EUR at this period's average rate. The change is as the company reported it, in EUR.

Accor runs and franchises hotels from Raffles, Fairmont and Sofitel to Novotel, Mercure and ibis. In January–June 2026 revenue rose 0.6% to €2.76bn (3.0% at constant currency), operating profit fell 26.3% to €294m and net profit halved to €114m on one-off costs; Accor gives no Japan figure.