October  28, 1999

FOR IMMEDIATE RELEASE

Paris, France and Dallas, TX  October 14, 1999  Taking their rightful place among such lodging industry legends as Conrad N. Hilton, J. Willard Marriott and Walt Disney, Accor co-founders and current Supervisory Board co-chairmen Paul Dubrule and Gerard Pelisson yesterday were inducted into the Hospitality Industry Hall of Honor, located in the University of Houstons Conrad N. Hilton College of Hotel and Restaurant Management. Also inducted at this years awards ceremony were Robert Crandall, former chairman and chief executive officer of AMR Corp. and American Airlines, and Howard D. Johnson (posthumously), founder of the Howard Johnson Restaurants and Hotels companies. Mr. Pelisson was joined at the induction ceremony by Georges Le Mener, president and chief executive officer of Accors U.S. economy lodging division, Dallas-based Accor Economy Lodging, which operates the proprietary Red Roof Inns, Motel 6 and Studio 6 brands. Mssrs. Dubrule and Pelisson opened their first hotel, a Novotel in Lille, France, in 1966. After a series of acquisitions, including the Courtepaille restaurant chain in 1974, the Mercure hotel chain in 1975, the Sofitel hotel chain in 1980 and Jacques Borel International in 1982, Mssrs. Dubrule and Pelisson created what is now Accor S.A. in 1983. Through new brand development, joint ventures and acquisitions, the company has grown to become the worlds third-largest hospitality company. Today, Accors portfolio includes 3,170 lodging properties representing more than 340,000 rooms and spanning five continents, and features proprietary brands representing all segments of the hotel industry, from luxury to economy: Sofitel, Novotel, Mercure, Ibis, Etap Hotel, Formule 1 (more) (Add One) and, in the United States, Red Roof Inns, Motel 6, Studio 6, and Formule 1. In addition to its lodging brands, Accor owns 50% interest in Carlson Wagonlit Travel, a global travel service, and in Europcar, Europes leading car rental company. Accor also owns Accor Corporate Services and other travel and tourism service companies including Accor Casinos, Compagnie des Wagon-lits, Lenotre, Courtepaille and Accor Tour. With operations throughout 140 countries, Accor employees 130,000 people. According to Mr. Pelisson, We are privileged to join such an influential group of industry leaders and visionaries, and appreciate the recognition of our lifes efforts to establish and grow an internationally successful lodging company. We share this recognition with our 130,000 employees that continue to make Accor a leader. Without question, I believe that we were successful in growing Accor not only because we were driven by our desire to build, to acquire, to accomplishbut because we hired extraordinary people. We wanted to build a company that would be financially successful, but would also be unflinchingly human. Im proud to say, we created an environment in which our employees could take the initiative, try something new, and fulfill themselves through their work. We strove to offer each of our employees the chance to fulfill his or her professional dream...and judging from the average tenure of our employees, weve succeeded. If Paul Dubrule and I have achieved no other permanence with the company we established, we are proud that the focus on people is and will continue to be the absolute foundation of Accor, he said. According to Dr. Ronald A. Nykiel, chairman of the Hall of Honor, The Board of Overseers recognizes Dubrule and Pelissons substantial contributions to the global (more) (Add Two) hospitality industry during their outstanding period of leadership. They have demonstrated imagination, helped grow the industry and provide leadership examples every aspiring industry leader can learn from and strive toward. The industry contributions made by Mssrs. Dubrule and Pelisson, along with those of the other inductees, will be memorialized through permanent displays and memorabilia within the Hospitality Industry Hall of Honor and Archives. According to Dr. Nykiel, from the moving portraits in the Leaders Gallery to the visual displays and historic documents, a true learning from leadership educational environment is provided. To receive more information about Mssrs. Dubrule and Pelisson, as well as this years other inductees, visit: www.hrm.uh.edu and select Hall of Honor. For more information about Accor, visit www.accor.com. # # #

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