Synergies between the two companies

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� Accor Casinos

� Group Lucien Barrière

� Sofitel Demeure et Libertel

� Novotel Paris Tour Eiffel

Accor's traditional partner since 1998

Novotel Paris Tour Eiffel

La Bastide de Gordes and Spa enrichit la - Accor

Accor reaches a secured pipeline of 90 contracts in Brazil

Hotels and Services: Growth Drivers Driving sustainable, profitable ...

Upscale Hotels Asset Management Strategy

� Accor Casinos � Group Lucien Barrière � Sofitel Demeure et Libertel � Novotel Paris Tour Eiffel Accor's traditional partner since 1998 Novotel Paris Tour Eiffel 34

Benefits for Accor A sizeable investment from an international strategic investor for Accor : � Give additional equity resources � Speed up expansion � Provide international expertise in hotel expansion A catalyst for for the the Accor share price 35

Page 1 and 2: � The two companies started to se
Page 3 and 4: Creation of the European leader in
Page 5 and 6: Casino Deauville 25
Page 7 and 8: Travel agencies � Acquisition of
Page 9 and 10: �Revenues of €1,676m: up 5.6% a
Page 11 and 12: invests via Colony VI et Colyzéo
Page 13: Los Angeles Hawaii Head office Offi
Page 17 and 18: � Specific clauses for the subscr
Page 19 and 20: Innovative asset management to supp

Synergies between the two companies

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