Accor stock flags stronger H1 EBITDA growth

Accor stock is trading at EUR 46.12 on Euronext Paris on September 24, 2026, up 0.15 percent, while first-half EBITDA rose 6.5 percent at constant currency to EUR 563 million. The operating figures give the hotel group a measurable earnings anchor as investors assess its debt refinancing and growth strategy.

EBITDA growth outpaces revenue

According to Yahoo Finance, Accor reported first-half 2026 revenue of EUR 2.76 billion, up 3 percent at constant currency and 4.8 percent on a like-for-like basis. EBITDA increased 6.5 percent at constant currency and 7.4 percent on a like-for-like basis.

The comparison matters because EBITDA grew more than reported revenue, pointing to operating leverage in the first half. Foreign exchange reduced reported growth, making the constant-currency figures the clearer measure of underlying performance for the period.

EUR 380 million refinancing completed

Accor launched EUR 380 million of senior unsecured convertible bonds due in 2032 on September 2, 2026, according to Accor. The proceeds were intended mainly to support the partial repurchase of up to EUR 330 million nominal value of convertible bonds due in 2027.

The refinancing extends the maturity profile rather than changing the operating result. The bonds carry a fixed annual coupon between 1.125 percent and 1.625 percent, while the conversion premium is set between 35 percent and 40 percent, according to the company release.

Stock remains below yearly high

Accor's market capitalization was EUR 10,890,223,360 on September 24, 2026. The stock's 52-week range was EUR 37.54 to EUR 52.00, placing the latest price EUR 5.88 below the yearly high, or 11.31 percent under that level.

That distance leaves the operating figures and balance-sheet structure as the central valuation reference. The current price is 22.85 percent above the 52-week low, while the modest 0.15 percent daily increase indicates a measured market reaction rather than a sharp repricing.

Accor stock trades at EUR 46.12

Accor stock was trading at EUR 46.12 on Euronext Paris on September 24, 2026, with a daily change of 0.15 percent. The combination of 6.5 percent constant-currency EBITDA growth and the EUR 380 million refinancing gives investors two concrete reference points for evaluating the shares.