Accor Services Acquires 62% of Motivano UK, a Leading Online Employee Benefits Solution Provider


PARIS, January 9 /PRNewswire/ --     As part of its development strategy, Accor Services announces
today having acquired a 62% stake in the UK Motivano business, a leading
online Flexible Benefits, Total Reward Statements and Voluntary Benefits
solution provider. Accor Services has bought the venture capital firm
Geocapital Partner's stake. The current management of Motivano UK will remain
shareholders at 38%. Expected ROCE for this medium size transaction will be
above 20% by 2010.

Motivano UK provides online employee benefits administration
solutions to more than 160 clients including many FTSE 500 companies,
government organisations and SMEs within the UK and in over 26 other
countries worldwide, by installing, maintaining and operating self-service
employee benefits via the internet and company intranets.

Motivano's solutions enable these companies' employees to self
administer their own employee benefits, and helps them fully understand the
value of their total reward package, emphasising the financial investment
their employer has made in their welfare and work/life balance.

The current management team will continue to develop Motivano
within Accor Services, with the same strategy that has made Motivano a
successful and innovative provider of online solutions in the UK employee
benefits market place. During the past 2 years, Motivano has won many
industry awards for their solutions, and was also recognised as the Best
Flexible Benefits Technology Provider and Voluntary Benefits Provider at the
Employee Rewards and Benefits magazine awards in 2006 and 2007 respectively.

"The backing of a strong strategic partner will improve our
profile in a growing market place and enables us to continue to focus on
growth and client service", said Alistair Denton, Managing Director of
Motivano UK. "Accor Services will bring significant international capability
to Motivano which will enable the acceleration of its European growth".

Accor Services' investment in Motivano follows on from
previous acquisitions in the UK of Capital Incentives (UK leading incentive
and motivation company), and PrePay Technologies Ltd (the UK leader in
prepaid cards services). In each market served, Accor Services is recognised
for its leading products and services in the UK, many of which it pioneered,
including Childcare and Eyecare Vouchers, Capital Bonds, as well as Incentive
Award and Compliments Cards.

"Motivano's know-how and employee focus offerings further
strengthen Accor Services position as a leading player in the employee
benefits, incentive & motivation markets and will give us access to
individual users through the installed platforms" said Serge Ragozin, COO,
Accor Services. "This investment is in line with Accor Services global
strategy to grow its business both organically and through acquisitions".

One of Accor's two core businesses, Accor Services designs and
deploys innovative solutions to improve the productivity of companies and
public institutions and the well-being of employees and citizens.

Accor, the European leader and a major global group in hotels,
the global leader in services to corporate clients and public institutions,
operates in nearly 100 countries with 170,000 employees. It offers to its
clients over 40 years of expertise in its two core businesses:

- Hotels, with the Sofitel, Pullman, Novotel, Mercure,
Suitehotel, Ibis, All Seasons, Etap Hotel, Formule 1 and Motel 6 brands,
representing more than 4,000 hotels and nearly 500,000 rooms in 90 countries,
as well as strategically related activities, such as Lenotre.

- Services, with 23 million people in nearly 40 countries
benefiting from Accor Services products in human resources, marketing
services and expense management.

© PR Newswire Association LLC.

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