Accor, which operates brands as diverse as Ibis, Raffles and Swissotel, reported net profit of €441 million, an increase of 66.4%. Revenue grew almost 8% on a like for like basis to €1.94 billion.
Sebastien Bazin, chairman and chief executive of AccorHotels, said the group had “never been so strong”.
During the year, 301 hotels were opened, bringing 51,413 rooms into the portfolio. They included 10,000 rooms operated under management and franchise contracts for BHG and Rixos Hotels, in which it invested in March last year.
