Accor posted full-year EBITDA of 1.2 billion euros, matching analyst forecasts, but its adjusted diluted EPS of 1.84 euros fell short of the 2.07 euro consensus. RevPAR growth of 7% in the fourth quarter significantly outpaced the 4.7% estimate, driven by a 5.9% rise in average daily rates and a 0.7 percentage-point occupancy boost. Net unit growth accelerated to 3.7%, signaling stronger performance than the company's own guidance and the Visible Alpha consensus. A new 450 million euro share buyback program was announced, pending the Essendi stake sale details. While full-year EBITDA growth of 7.2% exceeded the 11–12% target range, the results highlighted mixed performance, with the dividend matching expectations. The hotel group confirmed its medium-term targets, including 3–4% RevPAR growth and 3–5% net unit growth, though foreign exchange impact remains a factor.