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By 2004, Ibis operated 700 hotels in 36 countries. [8] From 2003 to 2005, Ibis opened in South Korea, [9] China [10] and Thailand. [11] In October 2009, Ibis reached the 100,000 rooms milestone [12] and opened its first hotel in Moscow, [13] followed by a 50th hotel in Brazil [14] and a first hotel in Japan. [15]
Ibis Styles is part of the Ibis family, which also includes the brands Ibis and Ibis Budget. [7] It is an economy hotel brand focused on in-style stays and owned by Accor. [2] Each hotel reflects the spirit of its location. [2] Ibis Styles manages 476 hotels in 45 countries (2018). [1]
Ibis Budget (stylised ibis budget) is a French budget hotel brand owned by Accor. [2] Created in 1992 in France under the name Etap Hôtel , the brand was renamed Ibis Budget in 2011. As of 2018, Ibis Budget managed 614 hotels in 20 countries.
Accor split its hotel activities from its voucher activities, Accor Services (which became Edenred and was listed on the stock exchange). [37] Suitehotel was merged with Novotel. [38] In 2011, Accor revamped the Ibis brand by creating ibis Styles (formerly All Seasons) and ibis budget (formerly Etap Hotel). [39]
In 2007, Formule 1 was rebranded as HotelF1. In September 2009, Accor announced the sale of 158 HotelF1 hotels in a €272-million sale and management-back deal. [9] In 2012, following a new hotel star-rating system in France, HotelF1 became a one-star hotel brand. [10] In 2017, Accor unveiled a rebranding and refurbishment for its HotelF1 chain.
Occupancy rates at Paris hotels are around 80%, according to CoStar, a global provider of travel data, which is well below the nearly 90% London 2012 games had and the whopping 94% occupancy rate ...
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