Record growth sees AccorHotels reach 1,000 hotels and 200,000 rooms in Asia Pacific

AccorHotels has reached its milestone 1000th hotel for Asia Pacific with the launch of Pullman Tokyo Tamachi, bringing the group to over 200,000 rooms in the region. Asia Pacific now represents over 30% of global rooms and 51%of the global pipeline, which is a strong sign that the company's growth strategy continues to befocused on Asia.

"For the first half of 2018, 72% of global room openings for the group were in Asia Pacific," said Michael Issenberg, CEO Asia-Pacific AccorHotels."We currently open, on average, a new hotel in Asia Pacific every three days, but our goal is to move this to a new hotel every second day by 2020 and one hotel per day globally."

Issenberg went on to say that in the past three years, the Asia Pacific network has doubled in size, thanks to a combination of organic growth and strategic acquisitions. The portfolio now includes some of the world's most iconic and respected brands such as Raffles, Orient Express, Fairmont, Banyan Tree, Delano, Mondrian, SLS, Swissotel, and Moevenpick. These acquisitions have been transformative for the company and will further cement AccorHotels' position as a leader in luxury and lifestyle hotels. The recent addition of Mantra Hotels to the network also added a further 19,000 rooms to the region.

AccorHotels currently has more hotels in the pipeline in Asia Pacific than any of its competitors, andthe addition of these new brands will only help to accelerate further growth.

Thailand has played a key role in the group's growth in Asia Pacific, opening the first hotel in 1988 and now counting a network of 73 hotels and a strong pipeline. AccorHotels is now the leading international hotel operator in Thailand and has a strong focus on growth here for the future.

"I am proud that we currently employ over 100,000 people across the region and will continue to provide incredible career opportunities for more people, especially in developing countries where tourism is vital to economic growth," Issenberg said.

This exceptional growth is supported by strong business performance in Asia Pacific. For the first half of 2018, the region saw robust rooms growth and revenue per available room (RevPar) up 5% (like for like).

Issenberg says that Asia Pacific will continue its rapid expansion as the group looks to transform its business model to become a full-service operator in travel, lifestyle and digital innovation.

"We are very excited about what the future holds and our world-class distribution platform and loyalty program will help ensure we fully realise the enormous potential of the Asia Pacific tourism market," he said.

The Pullman Tokyo Tamachi will be the group's 75th Pullman in Asia Pacific in only ten years. Having launched in Thailand in 2008, Pullman has become one of the group's most successful brands with a network of more than 125 hotels globally.

ABOUT ACCORHOTELS

AccorHotels is a world-leading travel & lifestyle group and digital innovator offering unique experiences in more than 4,500 hotels, resorts and residences across 100 different countries. With an unrivaled portfolio of internationally renowned hotel brands encompassing the entire range from luxury to economy, from upscale to lifestyle and midscale brands, AccorHotels has been providing savoir-faire and expertise for more than 50 years. In addition to its core hospitality business, AccorHotels has successfully expanded its range of services, becoming the world leader in luxury private residence rental with more than 10,000 stunning properties around the world. The Group is also active in the fields of concierge services, co-working, dining, events management and digital solutions.

Relying on its global team of more than 250,000 dedicated staff, AccorHotels is committed to fulfilling its primary mission: to make every guest Feel Welcome. Guests have access to one of the world's most attractive hotel loyalty programs - Le Club AccorHotels.

AccorHotels plays an active role in its local communities and is committed to promoting sustainable development and solidarity through PLANET 21 Acting Here, a comprehensive program that brings together employees, guests and partners to drive sustainable growth.

From 2008, the AccorHotels Solidarity Endowment Fund has acted as a natural extension of the Group's activities and values, helping to combat the social and financial exclusion experienced by the most disadvantaged members of society.

Accor SA is publicly listed on the Euronext Paris Stock Exchange (ISIN code: FR0000120404) and on the OTC Market (Ticker: ACRFY) in the United States.

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