The France-based company, which owns brands such as Sofitel, Novotel, Ibis, Fairmont and Raffles, made an operating profit of €53 million last year, compared with a loss of €2.2 billion in 2020, as revenue increased by 36% year-on-year to €2.2 billion in 2021.
Accor expects to profit from travel ‘rebound’ in 2022
Luxury
Rob Gill
24 February 2022
Hotel giant Accor returned to profit in 2021 thanks to a “significant improvement” in sales, despite the impact of the Omicron variant in the final weeks of the year.
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