Accor S.A. announced sales results for the fourth quarter and full year of 2013. For the quarter, the company announced sales grew by 3.4%. The company's fourth-quarter revenue stood at EUR 1,402 million, down 3.1% as reported.

For the year, the company announced sales grew by 2.7% like-for-like throughout the year. The company's gross revenue rose by 2.8% to EUR 11.5 billion, despite the negative currency effect particularly in the second half. Reported revenue totaled EUR 5,536 million, down 2.0%.

The company announced that in light of this environment and of the cost-saving policy effects which were particularly significant in the fourth quarter, Accor has revised its EBIT target upwards, to around EUR 530 million versus the EUR 510-530 million target announced previously.