The operator of Ibis and Novotel hotels now expects EBITDA of between €955 and €985 million, compared with a previous forecast of €930 to €970 million, already revised upwards in July.
The Group has also revised upwards its forecast for growth in revenue per available room (RevPAR), a key indicator of performance in the hotel industry. It expects this to be just over 20%, compared with a previous target at the upper end of the 15-20% range.
"This is, for Accor, the sixth consecutive quarter of growth since the return to post-pandemic business levels," said CEO Sébastien Bazin in a statement.
"Hotel demand remained very buoyant throughout the third quarter, which saw RevPAR up 15% year-on-year despite a very high comparable base," the group said in a statement.
However, "the first signs of a normalization in business growth are appearing after several quarters of intense recovery", it added.
(Reportage Diana Mandiá ; version française Kate Entringer, édité par Jean-Stéphane Brosse)