Waterloo Iowa Accor Hotel

AccorHotels today announced that it has signed an agreement to acquire 21C Museum Hotels, an award-winning hotel management company that is pushing the boundaries of museum hotels around the world to create a new type of travel experience. The agreement will allow 21c to leverage Accorhotels "leading global hospitality platform while retaining its expertise in hotel management and management services. Paris - Accors Hotel Group has recently unveiled its growth plans for the next five years.

Together we have the opportunity to grow the 21C brand, establish MGallery in the North American market, increase brand equity and expand the entire range of unparalleled experiences for our guests. David Lee, Executive Vice President and Chief Executive Officer of AccorHotels, will retain a 15% stake in the company and will remain responsible for the unique combination of art, design and hospitality that is the 21c experience.

The 21C exhibition program is free to the public and you can participate in a panel of experts focused on returning to profitability at the Waterloo Convention and Visitors Bureau's annual meeting on Thursday, June 15, 2017 at 7: 30 p.m. (CT).

The AccorHotels Solidarity Fund is a natural extension of the Group's activities and values to help combat the social and financial exclusion of the most disadvantaged members of society. The Group is also a global leader in the development and development of innovative hospitality and hotel services. The company is also committed to creating unique chef-driven restaurants that are as much a part of our community as our hotels.

The new Novotel is the first Accor hotel in Mexico to join the growing group nationwide. 21C Museum Hotels join the MGallery Hotel Collection and are the start of a collection that represents more than 100 boutique hotels in 27 countries.

Accor has 23 projects scheduled to open by 2023, including the first two hotels in Mexico City and three in the United States. Novotel is expanding its presence in Mexico City with brands from across the country. Other projects currently under development include a new hotel in El Paso, Texas, and two more in Las Vegas, both scheduled to open in 2020.

Temple Detroit is scheduled to open in June 2020 in the Cass Corridor in Detroit and will have a 1,000-room hotel, 5,500-square-foot restaurant and 2,200-seat auditorium in addition to an SBE restaurant. The raffle will open at the hotel's opening on Saturday, March 31, 2019, at 5 pm.

The mixed-use development will include a 1,500-square-foot restaurant and 2,200-seat auditorium, as well as a 4,000-room hotel. The Ibis brand is growing in North and Central America and opened its first new hotel in Mexico City in 2016. Accor's portfolio in North Central America grew 34 percent to 23 hotels with 4,400 rooms, including projects in Guatemala, Honduras, El Salvador, Guatemala City and Panama City, Mexico. The brand has also been included in a new 5-story, 1.5 million square foot hotel project to open in San Antonio, Texas, in 2022.

The success of the Louisville flagship has opened up an opportunity for expansion, and the company is running a new 21st century hotel project in Louisville, Kentucky, the first of its kind in the United States. The 21C project is under development and now operates a 1,000-room hotel, 2,500-room hotel and 3,200-seat auditorium.

Novotel Miami Brickell is the second largest hotel in Accor in the USA and the first in Miami Beach. The company's fastest-growing brand, Octagon, a 1,000-room hotel and 2,500-seat auditorium, debuted in New York City's Times Square last year. Recently, Accors SBE announced a number of properties, including a new hotel project in Las Vegas and two new hotels in London, London and Paris.

Listed on the Euronext Paris stock exchange under the ISIN code FR0000120404, Accor SA is one of the largest hotel and hospitality companies in the world with a portfolio of more than 1,200 hotels and resorts. Accor has acquired a number of hotels, restaurants and entertainment brands in recent years, bringing a wide range of hotel, restaurant, entertainment and brand operators into its portfolio, including hotels in the United States, Europe, Asia, the Middle East and Africa. The company reported 14 new brands that bolstered the group's portfolio in 2016, up from 11 in 2015 and 10 in 2014, according to the company's annual report.

In North and Central America, further strengthening the Group's lifestyle footprint in the region. AccorHotels will be one of the world's leading hotel operators and a key component of our continued growth in North America. We are pleased to welcome 21C Museum Hotels to our portfolio, strengthening the Group's presence in North America in this unique and promising niche, "said Jean-Pierre Dauphin, President and CEO of Accors SA.

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