Full Year 2023 Accor SA Earnings Call Transcript

Feb 22, 2024 / 07:30AM GMT
Sebastien Marie Christophe Bazin - Accor SA - Group Chairman, CEO & Member of Management Board

We're going to be opening the 2023 year-end number release to each of you. So sorry to be a couple of minutes late. So first, welcome everybody to this session. Welcome to those of you on the phone looking mostly at Martine, and myself. Happy to be back with you and happy to be sharing with you what we believe internally being very strong numbers and performances for the Group.

So let me start with something which is a bit of a 20,000-feet altitude, which, you know, I love doing. What you have here on the left side is the numbers all of us know well, which is the 1.459 billion pre-COVID numbers of international travelers. A lot of us being -- hoping for V-shape scenario, which is clearly confirmed not only in the slide, but I guess in actual numbers. You see that, I guess, at the end of 2023, we were still down 12% versus the peak of 2019, so roughly 1.284 billion. Most of it is people not returning from China. And I'll go in more granularity probably during the session. However, United Nations WTO,

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