Trio-cluster of properties adds over 2,350 rooms to Al Naseem development near the Grand Mosque

Riyadh, KSA - 29 October 2015

AccorHotels, the world's leading hotel operator, today announced the signing of three management agreements with Al Rajhi Investment Group for a trio-cluster of hotel properties in Al Naseem, a mega complex by Al Rajhi in the Holy City of Makkah, in the Kingdom of Saudi Arabia.

The Al Naseem project is being built around Al Rajhi Mosque, the second largest in Makkah after the Grand Mosque, and will feature six hotels from four international hotel groups offering close to 5,000 rooms in total. The AccorHotels cluster comprising Novotel, Adagio and ibis Styles properties will constitute three of the six hotels at Al Naseem, and with 2,354 rooms, will account for nearly half of the keys that will be offered at the complex. The hotels are expected to be completed in 2019.

Speaking at the signing event in Riyadh, Jean-Jacques Dessors, Chief Operating Officer of AccorHotels Mediterranean, Middle East & Africa, said: "We are delighted to be joining forces with Al Rajhi for this monumental development which will create a diverse hospitality offering for the 20 million visitors to Makkah every year. As the operator of the largest hospitality cluster on the Al Naseem complex, AccorHotels will be bringing three of our most popular brands catering to the midscale, economy and extended-stay segments, to ensure that all clients can afford to enjoy quality, international-standard hotel accommodation throughout their journey."

The Al Naseem development site is on the third ring road of Makkah, offering strategic access to Masjid al-Haram, six kilometers away. Guests at the 480-key Novotel, 434-key Adagio and 1,440-key ibis Styles will also have direct access

to Al Rajhi Mosque, which is located within the Al Naseem complex together with a shopping mall. The combined AccorHotels properties will offer a range of facilities and F&B outlets within their cluster, including restaurants, lounges, meeting rooms, business centers, and a children's corner.

Novotel is the leading midscale brand within the AccorHotels portfolio, known for its consistently high standard of service which meets the needs of all types of guests. ibis Styles, belonging to the ibis family, is an economy brand designed to offer excellent value with the highest level of comfort. Adagio is AccorHotels' main aparthotel brand and a leader in the market for medium to long-term stays.

"Our ambitions for AccorHotels in Saudi Arabia as a whole are extremely high; we are carrying out an important expansion strategy, aiming to more than triple the number of our operational hotels across the Kingdom from 15 existing properties to reach 50 within the next five years," Dessors stressed.

AccorHotels has a strong presence in Saudi Arabia with 15 properties in operation spanning a wide range of world-class hotel brands, from luxury Sofitel, upscale Pullman and Majlis Grand Mercure, to midscale Novotel, Mercure and the economy ibis. In the pipeline, the Group currently has 32 properties under development across Saudi Arabia, bringing an additional 9,000 rooms and raising AccorHotels' portfolio closer to its target of 50 hotels in the Kingdom. In the Middle East, AccorHotels has 125 properties in operation and under development with close to 32,000 rooms.

-Ends-

ABOUT ACCORHOTELS MIDDLE EAST
AccorHotels Middle East is one of the fastest growing hospitality groups in the Middle East. Currently, the Group's regional portfolio includes a total of 76 operational hotels representing over 18,500 rooms in eleven countries. Among the existing global brands ranging from Sofitel, Pullman, Novotel, Mercure and ibis, new brands such as Adagio and ibis Styles are emerging as strong players in the region. With over 25 years of regional experience, AccorHotels Middle East is the first to establish a training academy. Dubbed as Tamheed - AccorHotels Académie Middle East, the training facility is dedicated to educating and preparing associates at all levels and ensuring optimal career development.

ABOUT ACCORHOTELS
AccorHotels is a Group united by a shared passion for hospitality and driven by a shared promise to make everyone Feel Welcome.

Over 180,000 women and men in 3,700 AccorHotels establishments look after thousands of guests every day in 92 countries.

AccorHotels is the world's leading hotel operator and offers its customers, partners and employees:

- Its dual expertise as a hotel operator and franchisor (HotelServices) and a hotel owner and investor (HotelInvest);

- A large portfolio of internationally renowned brands covering the full spectrum, with luxury (Sofitel, Pullman, MGallery, Grand Mercure, The Sebel), midscale (Novotel, Suite Novotel, Mercure, Mama Shelter, Adagio) economy (ibis, ibis Styles, ibis budget, adagio access and hotelF1) establishments;

- A powerful marketplace and loyalty program Le Club AccorHotels;

- Almost half a century of commitment to corporate citizenship and solidarity with the PLANET 21 program.

Accor SA shares are listed on the Euronext Paris exchange (ISIN code: FR0000120404) and traded in the USA on the OTC marketplace (Code: ACRFY).

ABOUT NOVOTEL
Novotel is the midscale hotel brand of AccorHotels, the world's leading hotel operator, present in 92 countries with 3,800 hotels and 180,000 employees. Novotel's consistently high standard of service contributes to the wellbeing of both business and leisure travelers: think spacious, modular-design guestrooms, balanced cuisine available 24/7, excellent meeting facilities, attentive staff, dedicated children's areas and rejuvenating wellness facilities. With PLANET 21, AccorHotels' sustainable development program, Novotel commits itself to the planet! To meet today's challenging environmental and social issues, the brand has chosen to rely on a world renowned environmental certification, ISO 14001. Novotel offers more than 400 hotels and resorts in 59 countries, situated in the center of major international cities from business districts to tourist destinations. More information at: www.novotel.com

ABOUT ADAGIO
Aparthotels Adagio®, No. 1 in Europe, offers modern apartments with a fully equipped kitchen and hotel services in urban locations for extended stays, with tiered pricing for stays of 4 nights onwards. The result of the joint venture formed between AccorHotels and Pierre & Vacances Center Parcs groups in 2007, the brand provides 2 product ranges:

- Adagio: in the air midscale aparthotels at the heart of Europe's leading cities;

- Adagio access: economic range, astute aparthotels located on cities' doorstep.

The network consists of 100 aparthotels and 10,000 apartments in Europe, and is set to expand to 150 aparthotels and 19,000 apartments worldwide by 2016. All information about Aparthotels Adagio® can be found at: www.adagio-city.com

ABOUT IBIS STYLES
ibis Styles is the brand of economy hotels with unique personalities and multiple design of AccorHotels, the world's leading hotel operator, present in 92 countries with 3,800 hotels and 180,000 employees. These hotels come in a host of different styles and all feature simplicity, comfort, quality and conviviality. Located in or close to city centers, each property offers an upbeat, stylish, relaxed and fun setting. The brand is distinctive for its "all-inclusive" package which includes the room, an all-you-can-eat breakfast buffet, high speed Wi-Fi Internet access and a host of other little extras. At the end of June 2015, the network comprised 283 hotels in 25 countries. For more information about the ibis Styles hotels, please visit www.ibisstyles.com

Press contact:
Grace Chaoui
Finsbury
+971 55 632 9593
grace.chaoui@finsbury.com

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© Press Release 2015