New Delhi, January 24th 2008: Accor Hospitality, the French hotel group and the world's largest operator of economy and budget hotels, today announced that the first Ibis hotel in India will open in April 2008. Accor is developing the Ibis brand of economy hotels through a significant joint venture with Indian travel conglomerate, InterGlobe Enterprises.

The Ibis Gurgaon is located on the prominent Golf Course artery in Gurgaon and will feature contemporary European styling, 217 rooms, a three-meal restaurant, bar and meeting rooms.

Ibis hotels in India will provide a value offer, priced at less than half of upscale hotels and will cater to the burgeoning business and leisure travelers in India. The brand espouses the values of quality, simplicity and value and will be positioned as the best value international hotels in India, for those consumers willing to trade off luxuries but not comfort. Casual and friendly, the hotels will feature an outstanding room with modular bathroom, quality food and beverage and a high-tech environment. Accor is aiming to open more Ibis brand hotels in Mumbai, Chennai, Hyderabad and New Delhi.

For further information, please contact:

Dolly Tayal/ Megha Sabhlok

Genesis Burson- Marsteller

Email: dolly.tayal@bm.com <blocked::blocked::mailto:dolly.tayal@bm.com>  megha.sabhlok@bm.com <mailto:megha.sabhlok@bm.com>

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