# Accor

> French hotel group

**Wikidata**: [Q212599](https://www.wikidata.org/wiki/Q212599)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Accor)  
**Source**: https://4ort.xyz/entity/accor

## Summary
Accor is a French multinational hospitality company and business organization founded in 1967. Headquartered in Issy-les-Moulineaux, France, the company operates a vast portfolio of hotel brands ranging from economy to luxury segments globally. As a component of the CAC 40 index, it is one of the 40 most significant blue-chip companies listed on the Euronext Paris securities market.

## Key Facts
- **Company Name:** Accor (also known as ACCOR, AccorHotels).
- **Industry:** Hospitality industry (hotel group, business organization).
- **Founding Date:** 1967.
- **Headquarters Location:** Issy-les-Moulineaux, France (specifically in the Tour Sequana tower, inaugurated September 14, 2010).
- **Total Assets:** Reported figures include 10.669 billion and 10.553 billion.
- **Financials (Revenue):** Historical revenue figures include 5.649 billion, 5.581 billion, 5.536 billion, 5.454 billion, 5.056 billion, 4.224 billion, 4.049 billion, 3.610 billion, 2.204 billion, 1.937 billion, 1.621 billion, and 1.603 billion.
- **Financials (Net Profit):** Historical net profit figures include 2.233 billion, 633 million, 464 million, 441 million, 402 million, 265 million, 244 million, 223 million, 126 million, 85 million, -599 million, and -1.988 billion.
- **Employee Count:** Reported figures include 19,198, 15,247, and 14,466.
- **Market Listing:** Euronext Paris; constituent of the CAC 40 index.
- **Key Leadership:** Sébastien Bazin (French businessman).
- **Co-founders:** Paul Dubrule (French businessman and politician) and Gérard Pélisson (French businessman, 1932–2023).
- **Official Websites:** group.accor.com, restaurantsandbars.accor.com, all.accor.com.

## FAQs
**What hotel brands does Accor own and operate?**
Accor operates a highly diversified portfolio spanning multiple hospitality tiers. Their economy and midscale brands include ibis Hotels (founded 1974), Novotel (1967), Mercure Hotels (1973), Hotel F1 (1984), Ibis Budget (1992), and Adagio (2007). Their luxury and premium segments feature Sofitel (1964), Pullman Hotels and Resorts (2007), Raffles Hotels & Resorts (1989), Swissôtel (1980), and Mövenpick Hotels & Resorts (1973).

**Is Accor strictly a hotel company?**
While primarily a hotel group, Accor's operations extend into broader hospitality and entertainment assets. The company owns the Accor Arena (an indoor sports arena and concert hall in Paris opened in 1984) and the historic Le Lido cabaret in Paris. 

**What international partners and affiliates does Accor have?**
Accor holds ownership in various international management companies and brands, such as FRHI Hotels & Resorts (founded in 2006, Canada) and Rixos Hotels (founded in 2000, Turkey). The company has also been affiliated with figures like Thomas J. Barrack, Jr., the United States Ambassador to Turkey, and operated brands like Motel 6 (a US-based chain).

**How is Accor tied to French culture and sports?**
Accor is deeply integrated into French commercial and cultural life. Beyond being listed on the Paris stock exchange, it is affiliated with the Paris bid for the 2024 Summer Olympics and Paris Saint-Germain FC (an association football club founded in 1970).

## Why It Matters
Accor is a cornerstone of the global hospitality industry, representing a massive spectrum of the travel and service economy. As a constituent of the CAC 40 index, it is one of the most prominent corporate entities in France. The company plays a critical role in shaping global tourism standards by offering distinct brands that cater to nearly every traveler demographic, from budget-conscious guests to ultra-luxury clientele. Furthermore, Accor exerts significant influence in the realms of sports, entertainment, and real estate, serving as a major institutional partner for events like the 2024 Summer Olympics and owning landmark venues in Paris.

## Notable For
- Being a premier blue-chip French company listed on the CAC 40 index.
- Operating a highly diversified portfolio of hotel brands spanning from budget motels to ultra-luxury resorts.
- Maintaining strong corporate ties to major Parisian and French institutions, including the Paris 2024 Olympic bid and Paris Saint-Germain FC.
- Owning and operating historically significant international assets like the Hotel Sevilla in Havana, Cuba (founded 1908) and Le Lido cabaret in Paris (founded 1946).
- Holding corporate ownership stakes in other international groups, such as Rixos Hotels and FRHI Hotels & Resorts.

## Body

### Corporate Structure and Ownership
Accor is structured as a business organization operating within the hospitality industry. The company manages and operates numerous brands directly, while also holding stakes in other management companies. It is the parent organization of FRHI Hotels & Resorts, a hotel management company founded in 2006, as well as Rixos Hotels, a Turkish-based international brand founded in 2000. Accor also operates the Adagio hotel company (founded in 2007). In the past, Accor was affiliated with or operated brands such as Motel 6 (a US-based motel chain founded in 1962). 

### Key People and Leadership
The company was established in 1967 by co-founders Paul Dubrule, a French businessman and politician, and Gérard Pélisson, a French businessman who lived from 1932 to 2023. The modern iteration of the company is led by Sébastien Bazin, a French businessman. Accor's operations have also been affiliated with figures like Thomas J. Barrack, Jr., the United States Ambassador to Turkey.

### Subsidiary and Operated Hotel Brands
Accor's primary business is the operation of an extensive portfolio of hotel brands, which it categorizes across various market segments:

- **Luxury & Premium:**
    - **Sofitel:** An international luxury hotel chain founded in 1964, operating with roughly 12,500 employees.
    - **Raffles Hotels & Resorts:** A luxury hotel chain founded in 1989.
    - **Fairmont Hotels & Resorts:** A luxury hotel chain founded in 1907 (headquartered in Canada).
    - **Swissôtel:** A Swiss hotel chain founded in 1980.
    - **Pullman Hotels and Resorts:** A premium hotel chain established under Accor in 2007.
    - **Mövenpick Hotels & Resorts:** A hotels and resorts chain founded in 1973.

- **Midscale:**
    - **Novotel:** An international hotel brand founded in 1967.
    - **Mercure Hotels:** An international hotel chain founded in 1973.
    - **Adagio:** A hotel company founded in 2007.
    - **Ibis Styles:** An economy hotel brand launched in 2007.

- **Economy:**
    - **ibis Hotels:** A hotel chain operated by Accor, founded in 1974.
    - **Ibis Budget:** A budget hotel chain founded in 1992.
    - **Hotel F1:** A hotel chain of AccorHotels founded in 1984.

### Real Estate and Notable Assets
Beyond hotel chains, Accor owns or operates specific high-profile properties and venues. 
- **Accor Arena:** An indoor sports arena and concert hall in Bercy, Paris, originally opened in 1984.
- **Tour Sequana:** The company's headquarters tower, located in Issy-les-Moulineaux in the Val de Seine business district, inaugurated on September 14, 2010.
- **Hotel Sevilla:** A historic hotel located in Havana, Cuba, founded in 1908.
- **Le Lido:** A historic cabaret and burlesque theatre in Paris, founded in 1946.

### Financial and Market Data
Accor is publicly traded on Euronext Paris, a securities market located in France. The company has experienced varying financial performance over the years. Total assets have been reported at 10.669 billion and 10.553 billion. Revenue figures have fluctuated between 1.603 billion and 5.649 billion, while net profits have ranged from a high of 2.233 billion to significant losses of -1.988 billion and -599 million. The company's workforce size has been recorded at 14,466 to 19,198 employees.

## References

1. [Source](https://www.euronext.com/en/products/equities/FR0000120404-XPAR/company-information)
2. [Source](https://live.euronext.com/en/product/equities/FR0000120404-XPAR/company-information)
3. [Accor](https://webzine-actionnaires.accor.com/09_2024/en/article/164/finance.html)
4. [Source](https://www.euronext.com/en/products/equities/FR0000120404-XPAR/market-information)
5. SIRENE
6. [website](https://sustainablehospitalityalliance.org/about-us/members/)
7. Freebase Data Dumps. 2013
8. [Source](https://amadeus.bvdinfo.com/version-2019829/)
9. [Source](https://group.accor.com/en/finance/results-and-publications/financial-result)
10. [Source](https://www.macrotrends.net/stocks/charts/ACCYY/accor/number-of-employees)
11. Global LEI Index
12. [Source](https://group.accor.com/en/legal-information)
13. Google Knowledge Graph
14. [Source](https://group.accor.com/en)
15. [Source](http://km.aifb.kit.edu/services/crunchbase/)
16. [Source](https://group.accor.com/en/finance)
17. [annual report. 2013](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/2012_documentdereference.pdf)
18. [annual report. 2014](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/2013_document_de_reference.pdf)
19. [annual report. 2015](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/accor_drf2014_fr.pdf)
20. [annual report. 2016](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/accor_drf2015_fr.pdf)
21. [annual report. 2017](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/ACCOR_DRF_2016_COMPLET_FR.pdf)
22. [annual report. 2018](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/20180330-AH-DDR2017-FR.pdf?la=fr-FR)
23. [annual report. 2019](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/ACCOR_DDR_2018_vdef.pdf)
24. [annual report. 2020](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/DEU_ACCOR_2019.pdf)
25. [annual report. 2021](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/DEU_ACCOR_2020.pdf)
26. [annual report. 2022](https://group.accor.com/-/media/Corporate/Investors/Documents-de-reference/OPT_ACCOR_DEU_2021_MEL_FR_300322.pdf)
27. [annual report. 2023](https://group.accor.com/-/media/Corporate/Investors/Documents-financiers/2023/02-23-FY/Plaquette_annuelle_31_decembre_2022_FR.pdf)
28. [annual report. 2024](https://press.accor.com/full-year-2023-results-record-ebitda-of-more-than-eur1-billion)
29. [Source](https://www.lemonde.fr/disparitions/article/2023/03/06/gerard-pelisson-le-cofondateur-du-groupe-accor-est-mort-a-91-ans_6164305_3382.html)
30. BabelNet
31. [2020](https://www.gleif.org/content/4-lei-data/8-lei-mapping/1-download-bic-to-lei-relationship-files/bic_lei_gleif_v1_monthly_full_20200327.csv)
32. Quora
33. [Mac App Store](https://play.google.com/store/apps/details?id=com.accor.appli.hybrid)
34. [Mac App Store](https://apps.apple.com/fr/app/all-accor-r%C3%A9servation-h%C3%B4tels/id489472613)
35. YouTube API
36. [Source](https://index-egapro.travail.gouv.fr/consulter-index/#!/search?q=602036444)
37. [Egapro Index](https://index-egapro.travail.gouv.fr/consulter-index/#!/search?q=602036444)