AccorHotels' socio-economic impact revealed in first footprint study

AccorHotels' socio-economic impact revealed in first footprint study

AccorHotels UK operations sustain more than 25,000 jobs, contributing £1.17 billion to worldwide GDP, of which 79% remains in Britain, a new study for the French hotel giant reveals.

The group’s 197 hotels in the UK sustain more than 40,400 jobs worldwide, including 9,500 employees in Britain, according to AccorHotels first socio-economic footprint study.

The report covers the group’s 3,600 hotels and is based on its 2013 financial statements, looking at the three main financial flows into the economy.

These are identified as hotel expenditure - primarily purchases from suppliers - wages paid to employees and the taxes resulting from the group’s activities.

The report does not take into account the local expenditure of guests staying in the hotels.

Outside the hospitality sector, key industries supported in Britain include financial intermediation and business activities (6,200 jobs), education and health (2,800), and public administration (1,200).

Transport, construction, retail, food and beverages, and post and telecommunications also benefit from the group’s activities.

AccorHotels globally sustains around 880,000 jobs, including 186,000 employees and almost 700,000 indirect and induced jobs.

The report findings suggest that every job created in an AccorHotels brand supports more than four other jobs around the world, of which 70% are in the countries where AccorHotels operates.

The Group contributes £16.5 billion to global GDP, which is the equivalent of a country like Cyprus, and of which on average 83% stays in the country in question.

Sustainable development vice president, Arnaud Herrmann, said: “This study demonstrates that we are succeeding in creating real value for the communities in which we operate.

“But the deep interconnections between the group and the host countries mean that we have a substantial responsibility to those countries and communities, for whom we need to continuously strive to drive greater socio-economic value.

“With this in mind, these findings will be used to help fine-tune the next chapter in Planet 21, our sustainable development programme, which will be announced in [the] spring.”

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