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Increasing<br />
revenues<br />
Optimizing<br />
purchasing<br />
Sharing skills &<br />
expertise<br />
Human<br />
resources<br />
In 2007 :<br />
Additional earnings contribution for Accor<br />
Impact of synergies on Accor revenues: € 14 M<br />
Impact on net contribution to earnings: € 5 M<br />
Sofitel central Hua Hin - Thaïlan<strong>de</strong><br />
26
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