Hotel Accor's first Ibis hotel in Shanghai

The ibis brand of the Accor Hotel Group in France recently signed a contract for the first hotel in Shanghai. One of the founders of the Accor Group, Mr. Paul Dubrue, made a special trip from Paris to China to participate in this landmark signing ceremony.

AccorHotels France owns and manages 4,000 hotels in 90 countries around the world. The current hotel brands in China are: Sofitel, Grand Mercure, Novotel, Mercure, and Ibis. Ibis is a budget hotel managed by Accor and its business philosophy is to allow visitors to enjoy hotel accommodation at a budget-priced national standard.

The first hotel to be signed in Shanghai, ibis Beijing Lianyang is located in the Lujiazui Finance and Trade Zone, close to Pudong New District Government and Century Park. Near Shanghai Science and Technology Museum, Shanghai New International Expo Center. The overall hotel building area is about 9,000 square meters. About 300 rooms are spread over 11 floors and the overall hotel will be implemented according to the Ibis 2006 standards. The hotel is expected to break ground in May and open in early 2008.

The recent development of ibis in China can be described by leaps and bounds. Following the signing of six new projects in Sichuan Province in February 2006, the groundbreaking ceremony of the grand ibis Chongqing Chonglang Hotel was held in Chongqing on April 19. This was followed by the signing of a new project letter of intent on April 20 in Weifang, Shandong. Tomorrow, the Qingdao Hotel in Qingdao will welcome the opening ceremony.

The founder of the French AccorHotels Group, Paul Dublou, witnessed the development of the “Ibis” brand in China. He said with joy: “We are more confident in the development of China. China is full of opportunities and challenges! It is hoped that more Ibis hotels will be built more quickly and that it will serve the broad economy hotel market in the future."

Since its inception in 1973, Ibis has rapidly expanded into a famous brand of 750 hotels in 36 countries, including 24 hotels in the Asia Pacific region (Australia, New Zealand, New Caledonia and Indonesia). It has doubled its growth rate since 1990 and, through its strong development strategy, has continued to grow at an annual rate of 50.

French Accor Group is a pioneer in global hotel, tourism and corporate services. With more than 168,000 employees in more than 140 countries, the company is mainly engaged in two international businesses:

*Hotel industry: More than 4,000 hotels (463,000 rooms) in 92 countries (220 of which are Sofitel, Novotel, Mercure, AllSeasons, Ibis and Formule1 are distributed in the Asia Pacific region ), Backpackers, travel agencies, restaurants and casinos.

* Corporate Services: Serving companies and public institutions: There are 19 million people in 34 countries who share the extensive services designed and managed by Accor (meals, care and social services, cost management, loyalty programs, rewards, etc.).