2005

2005 - Highlights of the year

  • Opening of the 4,000th hotel, the Novotel Madrid Sanchinarro in Spain.
  • Lenôtre acquires 9 Fauchon boutiques in Paris and a new production facility.
  • Colony Capital invests €1 billion in Accor and steps up the Group’s development.
  • An innovative real estate sale and leaseback strategy is introduced with Foncière des Murs.
  • Accor decides to step up its development in China with Sofitel, Novotel and ibis, surpassing the 10,000-room threshold in the country.
  • Sofitel introduces the new MyBed concept, offering the ultimate in sleeping comfort.
  • WorkLife Benefits, Accor Services’ US subsidiary since 1985, merges with Workplace Options, one of the country's largest employee service providers.
  • Launch of the Ticket Alimentación® Electrónico food card in Mexico.
  • In India, Accor Services introduces Ticket Restaurant® Plus, a multi-purpose smart card that functions as an electronic purse.
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