Revenue up 0.9% to €5,631 million (+2.2% LFL)
EBIT up 4.6% to €696 million (+3.8% LFL)
Net profit up 8.1% to €266 million
Sébastien Bazin, Chairman and Chief Executive Officer of AccorHotels, said:
AccorHotels has posted an excellent performance for 2016 in a challenging
environment, in particular with record levels of EBIT and numbers of hotel
rooms opened. Thanks to the efforts made by our teams around the world, we
have implemented strong operational levers, which enabled growth in earnings
to outpace that in revenue. We have ventured out to conquer new markets and
offer new services thereby consolidating our leadership position and opening up
new horizons for our clients. Carrying out our project to turn HotelInvest into
a subsidiary in 2017 will give us significant headroom to seize the numerous
opportunities provided by the rapid transformation of our industry.”