French hotel giant Accor announces results for the fourth quarter and full year of fiscal 2022. A solid and sustainable recovery could be seen in activity in 2022, where sustainable RevPAR recovery is above the pre-pandemic level. It is expected that FY2023 group RevPAR will be up between 5% and 9% LFL and return of dividend distribution at €1.05 per share.
Sébastien Bazin, Chairman and Chief Executive Officer of Accor, said, “Tourism recovered substantially in 2022, and our performances, up strongly in all regions, reflected that rebound.”
In 2022, the growth of Group re …
