Accor is a French multinational corporation.doc

Accor is a French multinational corporation, part of the CAC 40 index, operating in nearly 100 countries. Headquartered in Courcouronnes, Essonne, France,[2] near évry,[3] Accor runs a hotels branch (Accor Hospitality)[4] and formerly ran a corporate services firm (Accor Services). Accor Hospitality, the Accor hotels branch, has more than 4,000 hotels worldwide, ranging from economy to luxury.[citation needed] Through Accor Services, Accor also sold service vouchers to over 430,000 companies and institutions and 30 million users in 40 countries.[citation needed] The company demerged its Accor Services unit in 2010 under the name Edenred. Contents [hide] 1 History 2 The Group 3 Management 4 Brands 4.1 Accor Hospitality 5 Famous hotels 6 References 7 External links History In the 1960s, the travel industry in France was booming, but many new hotels were concentrated only in major urban areas such as Paris. At the time, Paul Dubrule and Gérard Pélisson were both living in the United States, working for major computer firms.[6] They went into business together, and in 1967, founded the SIEH (Société dinvestissement et dexploitation h?teliers) hotel group. Having seen the success of American lodging properties in suburban areas and along major highways, Dubrule and Pélisson opened their first American-syle Novotel hotel outside of Lille in northern France. In 1974, they launched the Ibis brand with the opening of the Ibis Bordeaux. The following year, SIEH acquired the Courtepaille and Mercure brands, and in 1980 the Sofitel hotel brand, which then consisted of 43 hotels. Two years later, in 1982, the SIEH bought out Jacques Borel International, the then world-leading brand offering restaurant vouchers. In 1983, the Group, which had restaurant tickets and hotels, changed its name to the Accor Group in 1984, Dubrule and Pélisson were elected Managers of the Year by France’s Le Nouvel économiste magazine. In 2010, Accor SA, is selling 48 hotels for 367 mi