Accor hotels to operate «Novotel Paris Tour Eiffel» in Paris

Accor in France and Colony Investors IV, a US investment fund bought shares of «Hotel Nikko de Paris SA» March 31, 2001.

Since April 1, and until December, 31 2001 the hotel is managed and operated by Accor. During this period, JAL Hotels is collaborating with Accor on the hotel’s sales & marketing.

From January 1, 2002, the hotel will be rebranded «Hotel Novotel Paris Tour Eiffel». It will be the largest Novotel downtown Paris, with 764 rooms, several restaurants including the famous Japanese Benkay restaurant, and meeting rooms.

The «Novotel Paris Tour Eiffel» will remain 4* category and after an extensive program of renovation, will become the flagship of the Novotel network.