2022---painful-reorganization-at-accorinvest -

: In the first half of 2022, the group returned to positive earnings (EBITDA).

By mid-2022, AccorInvest began emerging from what CEO Gilles Clavié described as "two years of purgatory".

: Revenue per available room (RevPAR) returned to pre-pandemic levels by June 2022, fueled by a strong recovery in European domestic travel.

: By late 2022, the group had completed nearly half of its planned asset sales, focusing on offloading non-strategic, less-profitable leased properties. Long-term Outcome

: To reduce leverage, AccorInvest committed to a €1.144 billion asset disposal plan , which was later upgraded to €1.7 billion to recalibrate its portfolio toward more profitable owned hotels in Europe. 2022: The Road to Recovery

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