Accor SA

AC: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Accor Earnings: Both Luxury Travel Demand and the Company's Brand Remain Strong

Dan Wasiolek

Feb 19, 2026

Accor's fourth-quarter constant currency revenue per available room, or revPAR, increased 7%, driven by 9.5% growth in its luxury and lifestyle business. For the full year, unit growth was 3.7%, and constant-currency adjusted EBITDA expanded 13%.

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Accor SA

Accor Earnings: Both Luxury Travel Demand and the Company's Brand Remain Strong

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