Industry Update
Press Release 9 December 2010

Pullman takes over the Méridien Montparnasse | Accor adds one of Europe’s largest conference hotels to its portfolio

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Pullman

Pullman, Accor's upscale hotel brand, has signed an agreement with Unibail-Rodamco for the takeover of the Méridien Montparnasse which will become the Pullman Paris Montparnasse on January 7, 2011.

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The Pullman Paris Montparnasse is one of Europe's largest conference hotels, with 953 guest rooms and a conference center that can host up to 2,000 people for meetings, conventions and other major events.

The Pullman Paris Montparnasse will strengthen the international Pullman network, which operates in 16 countries with 47 hotels, of which 14 in France. Launched in 2007, the Pullman brand has expanded rapidly to become a key international player in the upscale business travel segment. The brand's long-term goal is to develop a network of 150 hotels in leading regional and international cities.

"This new success represents an important phase in the development of the Pullman brand, launched three years ago," said Gilles Pélisson, Chairman of the Board. "It demonstrates the strength of Pullman, which – now with a hotel in the heart of Paris – has established itself as an international player and a leader in the upscale business travel segment."

The Pullman Paris Montparnasse extends the brand's greater Paris network, which already includes six hotels ( 2,360 rooms) strategically located to provide complete coverage of the metropolitan area – the Pullman Paris Tour Eiffel, Pullman Paris Bercy, Pullman Paris Rive Gauche, Pullman Paris La Défense, Pullman Paris Charles de Gaulle Airport and Pullman Versailles.

Pullman is Accor's upscale hotel brand designed with the requirements of business women and men in mind.Located in the main regional and international cities, Pullman hotels provide an extensive range of tailored services, access to groundbreaking technologies, and "Co-Meeting", a new approach to organizing meetings, seminars and high-end incentives. At Pullman hotels, business travelers can choose between being independent or choosing help from our staff available round the clock.

By the end of 2010, the Pullman network will include 50 hotels across Europe, Africa, Middle East, Asia-Pacific and Latin America. In time, we anticipate a network of over 150 establishments around the world. Further information concerning Pullman hotels is available on the website www.pullmanhotels.com.

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About Accor

Accor is a world leading hospitality group consisting of more than 5,200 properties and 10,000 food and beverage venues throughout 110 countries. The group has one of the industry"s most diverse and fully-integrated hospitality ecosystems encompassing more than 40 luxury, premium, midscale and economy hotel brands, entertainment and nightlife venues, restaurants and bars, branded private residences, shared accommodation properties, concierge services, co-working spaces and more. Accor"s unmatched position in lifestyle hospitality – one of the fastest growing categories in the industry – is led by Ennismore, a creative hospitality company with a global portfolio of entrepreneurial and founder-built brands with purpose at their heart. Accor boasts an unrivalled portfolio of distinctive brands and approximately 260,000 team members worldwide. 68 million members benefit from the company"s comprehensive loyalty program – ALL - Accor Live Limitless – a daily lifestyle companion that provides access to a wide variety of rewards, services and experiences. Through its Planet 21 – Acting Here, Accor Solidarity, RiiSE and ALL Heartist Fund initiatives, the Group is focused on driving positive action through business ethics, responsible tourism, environmental sustainability, community engagement, diversity and inclusivity. Founded in 1967, Accor SA is headquartered in France and publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACCYY) in the United States. For more information visit group.accor.com, or follow Accor on Twitter, Facebook, LinkedIn, and Instagram.

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Armelle Volkringer
Senior vice president corporate and external relations
Phone: +331 45 38 87 52
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