Accor reported above-expectation annual revenue per available room (RevPAR) on Thursday, citing a "record" year in line with its targets.

Accor's RevPAR, a key indicator of the hotel industry's performance, was up 5.7% for the year, while analysts were expecting an average increase of 5.2%, according to a consensus provided by the group.

The hotel group also confirms its medium-term outlook as communicated in 2023, including annual RevPAR growth of between 3% and 4%.

"We look forward to 2025 with confidence and the ambition of once again posting excellent results," commented CEO Sébastien Bazin, quoted in a press release.

(Written by Etienne Breban, edited by Blandine Hénault)