Synergies between the two companies

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Travel agencies

� Acquisition of Maritz Corporate Travel in the United

States

� Acquisition of Protravel in France

Carlon Wagonlit Travel strengthens

its its # 2 position worldwide

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

Hôtel Normandy 26

Travel agencies � Acquisition of Maritz Corporate Travel in the United States � Acquisition of Protravel in France Carlon Wagonlit Travel strengthens its its # 2 position worldwide 27

Page 1 and 2: � The two companies started to se
Page 3 and 4: Creation of the European leader in
Page 5: Casino Deauville 25
Page 9 and 10: �Revenues of €1,676m: up 5.6% a
Page 11 and 12: invests via Colony VI et Colyzéo
Page 13 and 14: Los Angeles Hawaii Head office Offi
Page 15 and 16: Benefits for Accor A sizeable inves
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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