2013 Registration document and annual financial report - page 11

Registration Document 2013
9
Corporate Presentation
1
Core Businesses
Hotel portfolio by ownership structure and region at December 31, 2013
Owned
Fixed lease Variable lease
Managed
Franchised
Total
Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms
Hotels Rooms
France
64 6,495
41 4,683 415 47,441 110 13,525 910 67,356 1540 139,500
Europe excl. France 139 20,548 252 37,268 271 38,120 102 14,984 299 31,835 1,063 142,755
North America
3 705
-
-
-
-
12 3,862
1 149
16 4716
Latin America and
the Caribbean
29 4,515
5 684
58 11,242 103 16,166
47 5,536 242 38,143
Africa/Middle East
18 3,030
1 206
13 2,130 101 20,053
15 2,017 148 27,436
Asia-Pacific
25 4,212
46 6,689
7 1,557 359 80,507 130 16,204 567 109,169
TOTAL
278 39,505 345 49,530 764 100,490 787 149,097 1,402 123,097
3,576 461,719
Hotel portfolio by ownership structure and region
at December 31, 2013
(% based on number of rooms)
Owned & Leased
Management & Franchise
15%
85%
43%
57%
42%
58%
67%
33%
20%
80%
11%
89%
Latin
America
and Caribbean
North
America
Europe
(excluding
France)
France
Asia
Pacific
Africa
Middle
East
Property
Property, plant and equipment recognized in the consolidated
balance sheet primarily corresponds to hotel assets that are either
owned outright or held under finance leases.The cost value of these
assets stood at €5,053 million at December 31, 2013, while their
carrying amount was €2,448 million, representing 34.7% of total
consolidated assets at that date (see note 20 to the consolidated
financial statements, page 232).
The above breakdown of the hotel portfolio shows the number
of rooms, the type of ownership structure and the location of the
hotels at December 31, 2013. Occupancy rates, average room
rates and Revenue Per Available Room (RevPAR) are described
in the analysis of consolidated results on page 164.
Hotel projects currently underway are presented in note 2 to the
consolidated financial statements on page 202.
Environmental issues are described in the environmental report
on page 67.
Markets and Competition
Accor ranks sixth in the global hotel industry, based on the number
of rooms.
Hotel companies ranked by number of rooms
worldwide at December 31, 2013
Rank Group
Number
of hotels
Number
of rooms
1 InterContinental Hotels Group
4,697 686,873
2 Hilton Hotels
4,115 678,630
3 Marriott International
3,783 653,719
4 Wyndham Hotel Group
7,485 645,423
5 Choice Hotels International
6,303 502,663
6 Accor
3,555 461,719
Source: Accor, MKG – March 2014.
The above competitors share two characteristics: they are all well
established in the United States and they mainly operate through
franchise agreements.
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