2014 Registration Document and Annual Financial Report - page 11

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CORPORATE PRESENTATION
Core businesses
Hotel portfolio by operating structure and region at December 31, 2014
Owned
Fixed lease Variable lease
Managed
Franchised
Total
Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms Hotels Rooms
Hotels Rooms
France
63 6,666
41 4,678 406 46,489 104 12,923 948 70,162 1,562 140,918
Europe (excl.
France and
Mediterranean)
212 30,684 199 30,748 122 18,983 104 14,685 265 29,317 902 124,417
North America
3 705
-
-
-
-
12 3,862
1 149
16 4,716
Latin America
and the Caribbean
30 5,105
5 684
58 11,073 114 17,575
57 6,818 264 41,255
Mediterranean,
Middle East, Africa
51 7,014
41 5308
55 7,775 120 23,921
85 8,964 352 52,982
Asia-Pacific
19 2,987
43 6,297
6 1,272 403 89,205 150 18,247 621 118,008
TOTAL
378 53,161 329 47,715 647 85,592 857 162,171 1,506 133,657
3,717 482,296
Hotel portfolio by region and operating structure
at December 31, 2014
(% based on number of rooms)
Owned & Leased
Management & Franchise
15%
85%
41%
59%
41%
59%
65%
35%
38%
62%
9%
91%
North
America
Latin
America
and
Caribbean
France Europe
(excluding
France and
Mediter-
ranean)
Mediter-
ranean
Middle
East
Africa
Asia
Pacific
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 consolidated
property, plant and equipment stood at €5,853million at December 31,
2014, while their carrying amount was €3,157 million, representing
36.0% of total consolidated assets at that date (see note 21 to the
consolidated financial statements, page 214).
The above breakdown of the hotel portfolio shows the number of
rooms, the type of operating structure and the location of the hotels
at December 31, 2014. The cost value of the assets is presented
on page 159.
Occupancy rates, average room rates and Revenue Per Available
Room (RevPAR) are described in the analysis of consolidated
results on page 152.
Hotel projects currently underway are presented in note 3 to the
consolidated financial statements on page 190.
Environmental issues are described in «Environmental Commitments»
on page 61.
Markets and Competition
Accor ranks sixth in the global hotel industry, based on number
of rooms.
Hotel companies ranked by number of rooms
worldwide at December 31, 2014
Rank Group
Number
of rooms
Number
of hotels
1 Intercontinental Hotels Group
710,295
4,840
2 Hilton Hotels
708,268
4,278
3 Marriott International
701,899
4,117
4 Wyndham Hotel Group
660,826
7,645
5 Choice Hotels International
504,808
6,374
6 Accor
482,296
3,717
Source: Accor, MKG – March 2015.
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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Registration Document 2014
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