February 24，AccorHotels releases its 2020 financial report。Financial report display，Accor’s revenue in 2020 is 1.6 billion euros，Down 60% compared to 2019，Full-year net loss of nearly 2 billion euros，Calculate loss based on earnings before interest, taxes, depreciation and amortization (EBITDA)3.9.1 billion euros。

Accor’s main business, hotel service business, has revenue of 1.1 billion euros in 2020，Down nearly 60% year-on-year。Hotel-related private house rentals、Private house sales and 188bet app new digital services business achieved revenue of 91 million euros，Decreased by 42% year-on-year.9%。

As for the company’s plan to reduce costs by 200 million euros formulated in August last year，Accor title，The company’s average monthly cash outlay has fallen from €80 million per month in the first half of 2020 to €61 million per month for the full year of 2020。Company name，Cost savings program expected to contribute €71 million to company’s EBITDA in 2021。

Financial report display，Company plans to accelerate growth in 2021，Because the company opened 205 hotels in 2020，The number of hotels planned to be built exceeds 1,000。

Accor CEO Sebastien Bazin said，The company’s rapid response to the epidemic had a positive impact on its performance in the second half of last year，It also alleviated the impact of the epidemic on the company’s performance。He also called，The company is launching large-scale 188bet app response measures for economic recovery，To consolidate Accor's leading position in the lifestyle field。These initiatives include: optimizing the organization to make it more flexible and responsive to market changes，Merge with Ennismore and form an independent company including 12 specialty hotel brands，Signed a strategic cooperation agreement with luxury lifestyle brand Faena Group。