A message from Sébastien Bazin, CEO Accor

Sébastien Bazin delivers a message of hope and solidarity to all the Group's employees, partners and owners despite the crisis, Accor is maintaining solid financials and is preparing for the rebound.

As the world is facing an unprecedented health crisis that is having massive and unique impacts on the tourism industry, the Group has just published its first-quarter 2020 revenue down 17% as reported - expected results due to the spread of the epidemic and the enforced lockdown.

Regional initiatives are multiplying to fight the epidemic and support employees in need, owners, government authorities, healthcare professionals and local communities

Accor is also positioning itself as a key actor in the hotel sector, in order to prepare for the rebound, with great energy.

The Group can rely on a robust balance sheet thanks to its recent transformation. This will enable the Group to better absorb the economic consequences of the COVID-19 crisis in the coming quarters.