Gilles Clavie appointed new CEO of AccorInvest

AccorInvest announced that Gilles Clavie, Orbis CEO will succeed
John Ozinga as Chief Executive Officer.

AccorInvest owns and operates a portfolio of 911 owned and leased hotels,
located in 31 countries in Europe, Latin America and Asia. The Group invests
to consolidate its real estate portfolio through hotel acquisitions, renovations
and new hotel developments in Europe in the economy and midscale
segments. In March 2020 AccorInvest acquired 100% shares of Orbis SA,
where Gilles Clavie has been the President of the Management Board & CEO
for the last six years. Orbis today is an international hotel group with 73
hotels located in 6 countries of the EE region.

Gilles Clavie brings at the helm of the Company a strong operational and
financial background, which will help him lead AccorInvest in the coming
years. The Board of Directors will support Gilles and the executive team as
we position the Company for future growth. – said Nadra Moussalem,
AccorInvest Chairman of the Board.

I am inspired by the encouragement and confidence placed in me by the
Board of Directors of AccorInvest. I also wish to extend my deepest respect
and appreciation to all the teams in the Group for their strong commitment
and support. In these times when the hotel industry has been globally facing
the worst crisis in its history our priority is to secure that AccorInvest Group
goes through it safely and gets most out of opportunities when hospitality
business rebounds. – commented Gilles Clavie after his appointment.
Gilles Clavie will take over his new role as at 1st of July, 2020.