Accor posted Q1 revenue €1.31bn, up 2.3% constant currency but missing €1.33bn consensus due to FX headwinds.
RevPAR rose 5.1% across the group, beating consensus of ~3.6%, with Luxury & Lifestyle up 6% and other segments up 4.5%.
Middle East conflict hurt UAE RevPAR 9% and Dubai restaurant Rikas, while Saudi Arabia, Egypt and other regions showed resilience.
Accor launched €225m of a €450m share buyback on April 2 and added 48 hotels/6,700 rooms, with a 260k‑room pipeline.