Accor sales increased

Services revenue up by a strong 12.6% over the first nine months including 14.1% growth in the third quarter.

 Revenue from the Services business in
the first nine months increased by 11.0% as reported and 12.6%
like-for-like.

Acquisitions added 3.8% to growth.
However, the currency effect was a negative 2.2%, mainly due to the
weakness of Latin American currencies.

Third quarter revenue growth was a
strong 14.1% like-for-like, versus 11.8% in the first half.

In Europe, revenue rose by 11.8%
like-for-like, reflecting gains of 16.9% like-for-like in France,
following the deployment of a special action plan to boost meal
voucher sales, and 8.9% like-for-like in the United Kingdom. In
Belgium, adjusted for the loss of the Onem contract, revenue was up
5.2%, compared to a decline of 23.3% like-for-like.

In Latin America, like-for-like growth
totalled 17.6%. Growth in Brazil accelerated to 17.5% in the third
quarter, from 8.6% in the first half, while the other Latin American
countries saw revenue rise an aggregate 17.6% like-for-like. This
performance takes into account the 39.4% fall in revenue in Argentina
in the third quarter following the withdrawal of payroll tax breaks.
Excluding Argentina, revenue growth in Latin America came to 22%.

Hotels revenue amounted to EUR4,329
million in the first nine months of 2008, down 1.4% as reported but
up 3.7% like-for-like, including increases of 5.1% in the first half
and 1.1% in the third quarter. Adjusted for the effects of the Rugby
World Cup, which created a high basis of comparison in third-quarter
2007, like-for-like growth for the quarter came to 1.4%.