ACCOR : Q1 2016 revenue presentation (807 Kb)

Présentation PowerPoint

Q1 2016 REVENUE

April 19th, 2016

Sound Q1 revenue performance at +1.9% L/L

Q1 2015

In €m

Q1 2016 In €m 300

973

(112)

1,161

Reported

Change

L/L

HotelServices

HotelInvest

Holding & Interco

AccorHotels

290

1,055

(120)

1,225

+3.3%

(7.8)%

+7.4%

(5.2)%

+5.6%

+0.2%

+3.8%

+1.9%

• HotelInvest: Stable revenue (+0.2% L/L) despite strong exposure to France

• HotelServices: Solid revenue increase (+5.6%), lifted by continued record expansion

  • Gross revenue at €3bn, up 4.6% excluding currency effect

  • 34% of fees paid by HotelInvest (€103m)

Continued record expansion

8,961 rooms & 46 hotels added in Q1 2016

HotelInvest

6%

Managed &

franchised

94%

Luxury & Upscale 33%

Midscale

23%

Economy 44%

Asia Pacific 40%

Americas 11%

France 7%

NCEE

10%

MMEA 32%

Mostly through asset-light structures

Strong increase in the Luxury & Upscale segment

81% outside Europe, Sustained growth in AsPac

Reported revenue shaped by disposals and currency effects

+1.9%

Like-for-Like

+€24m

+1.5% Expansion

+€19m

-5.4% Disposals

€(66)m

-3.2% Currency

€(40)m

-5.2%

Reported

€(64)m

HotelServices: +5.6% comp (1); HotelInvest: +0.2% L/L

8,961 new rooms (46 hotels) opened over the quarter

• 1,982 rooms in Franchise (22% of openings)

• 6,411 rooms in Management (72% of openings)

  
  

  Impact of the Asset Management program

• 28 hotels restructured in Q1

• Including 12 assets from the Huazhu deal

Strong negative currency effects

• BRL: €(19)m

• AUD: €(6)m

• GBP: €(5)m

(1) Comparable (comp.) revenue growth - includes fees linked to expansion, at constant exchange rates

ACCORHOTELS | Q1 2016 Revenue

04/19/2016 | | 4