Accor: Motel 6 disposal completed

2012-10-2 — /travelprnews.com/ — Accor today announces the completion of the sale of its Motel 6 / Studio 6 hotels in North America to an affiliate of Blackstone Real Estate Partners VII, for an amount of US 1.9 billion dollars¹.

This transaction allows Accor to reduce its adjusted net debt by c. €780m.

Following the divestment, Accor operates 17 Sofitel and Novotel hotels in North America, of which 9 in the United States and 8 in Canada.

Accor, the world’s leading hotel operator and market leader in Europe, is present in 92 countries with nearly 3,500 hotels and 440,000 rooms. Accor’s broad portfolio of hotel brands – Sofitel, Pullman, MGallery, Novotel, Suite
Novotel, Mercure, Adagio, ibis, ibis Styles, ibis budget and hotelF1 – provide an extensive offer from luxury to budget. With more than 160,000 employees in Accor brand hotels worldwide, the Group offers its clients and partners
45 years of know-how and expertise.

MEDIA CONTACTS INVESTOR AND ANALYST CONTACTS
Agnès Caradec
Senior Vice President, Corporate
Communications & External
Relations
Phone: +33 (0)1 45 38 87 52

Elodie Woillez
Phone: +33 (0)1 45 38 87 08

Sébastien Valentin
Senior Vice President,
Financial Communication
& Investor Relations
Phone: +33 (0)1 45 38 86 25

Olivia Hublot
Investor Relations
Phone:+33 1 45 38 87 06

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¹1.5 billion euros

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