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Press release APRIL 21 , 2021 ACCOR First - quarter 2021 revenue of € 361 million down 48 % like - for - like *** 64 % DECLINE IN REVPAR VS. Q1 2019 ORGANIC OPENINGS AT 7,100 ROOMS EBITDA SENSITIVITY AND CASH BURN INDICATORS CONFIRMED Sébastien Bazin , Chairman and Chief Executive Officer of Accor , said : " There were no surprises in our first - quarter performance . Global business trends are improving slightly and the ramp - up of the vaccine rollouts bodes well for a particularly strong rebound . As it did in 2020 , the Group continues to keep a close eye on protecting its cash and cutting costs . Today , all our efforts are focused on the strong recovery expected this summer . "