Accor raises its profit floor after stronger luxury hotel trading
Accor ($AC) raised the lower end of its full-year 2026 recurring EBITDA outlook to €1.270 billion from €1.260 billion, leaving the upper end at €1.285 billion. Third-quarter 2026 revenue increased 9.8% as reported and 7.7% at constant currencies to €1.50 billion. Revenue per available room rose 4.9%, with Luxury and Lifestyle gaining 8.3% compared with 3.2% in Premium, Midscale and Economy. The hotel group opened 63 properties containing almost 9,000 rooms during the quarter, taking annual net u
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