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Appointment of Lars Backhaus as Chief Operating Officer Subsidiaries France at Louvre Hotels Group

Paris, 27 February 2012 ? Louvre Hotels Group announces today that Lars Backhaus is to join the Group as Chief Operating Officer Subsidiaries France.

He will join the Executive Committee and will report directly to Pierre-Fr?d?ric Roulot.

Replacing Christine de Wilde, Lars Backhaus?s mission will be to continue the optimization of the economic model of Louvre Hotels Group and to make the new hotel concepts developed by the Group reality.

His main objectives will be to improve hotel productivity, to seek out operations solutions for adapting to seasonal fluctuations and to train staff.

With more than 12 years of experience in the tourist and hotel industry across France, Germany and the UK within multinational groups, Lars Backhaus is an expert in subsidiaries management.

He spent a large part of his career at Accor, where he held management roles for Ibis hotels in Greenwich and Gatwick before being promoted to Operations Director London, UK.

From 2010 onwards, he held the position of Operations Director for Blackstone Real Estate France, an asset management and financial services company which has a portfolio of 35 hotels under the Louvre Hotels Group?s brands.

Pierre-Fr?d?ric Roulot, President of Louvre Hotels Group, has stated: ?We are very happy to welcome Lars Backhaus to our Group and we are confident that his strong expertise in hotel management will be a valuable asset for actively pursuing the development of our brands and improving the productivity of our hotels.?

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About Louvre Hotels Group

Following their respective purchase by Starwood Capital in 2005 and 2009, the alliance between Louvre H?tels and Golden Tulip became Louvre Hotels Group in April 2011, making it a leader in the global hospitality market with more than1,000 hotels in 40 countries ranging from 1 to 5 stars. The Group, established in 1976, now counts 6 brands: Premi?re Classe, Campanile, Kyriad, Tulip Inn, Golden Tulip and Royal Tulip Luxury Hotels.[/box]